It's called Pig Butchering for a reason
You can't con an honest person. And it's not pretty.
The US Department of Justice has seized cryptocurrency worth about $112 million from accounts linked to so-called pig butchering investment scams. Judges in Arizona, California and Idaho authorized seizure warrants for six virtual currency accounts that prosecutors say were used to launder proceeds of the various frauds that …
Indeed. A "verification" that costs six figures ? And needs a "final" verification, also in six figures ? I'm sorry, wasn't your first verification good enough ?
But of course, by that point the mark is desperate and the scum have got him by the short and curlies. I'm just wondering how many more times they could have strung him along before he finally twigged to the fact that an actual investment bank would only charge you a fifty for just about any verification there can be.
And actual banks only verify once. The verdict of that verification is final, even if you don't like it.
It's just sad to see that someone who managed his life well enough to retire with over two million bucks still can't just kick back and live the good life without being greedy for more.
If I had that kind of money I'd retire today and not worry about money any more.
There's an advanced fee scam around becoming a male escort for the ladies.
With the occasional exception that would go out of business quickly, all the 'agencies' pretending there was a market - in reality, almost all clients for male escorts are other men - were, and for all I know still are, scams. The victim would be told there was a booking waiting for him in the next day or two, and all he had to do was pay a fee upfront for 'insurance' or 'checks' or whatever. As soon as that was paid, 'Oh, she's cancelled' and that would be the last they ever heard from the 'agency'.
Some victims rang where I used to work to see if they could get any of the money back.
I think the record for the number of times someone was scammed in exactly the same way before they called was eight. "EIGHT?!?"
"The only quick return is made by selling to suckers wanting lazy/high margin returns."
Not just suckers. Greedy, self-centered suckers. But note that "greed & self-centered" are more of a requirement than "suckers", as Bernie Madoff proved. The byline from the recent Netflix Madoff biographical special:
"That major financial players ignored the flashing warning lights and continued to invest with Madoff points to the social psychology of a ruling class so manic in its pursuit of ever-greater personal wealth that it has become blinded by its own greed."
Yep, that's our current society in a nutshell!
And I don't sell my oil, I keep it for myself thank you ^_^