DA says he shut down 21 sites stealing millions through crypto scams
A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong investigative team New York City authorities have shut down 21 web domains used by scammers in "pig butchering" schemes, which conned victims into fraudulent cryptocurrency investments. The operation targeted individuals through dating apps or other sites, leading to losses of $118,000. The Brooklyn District Attorney, Eric Gonzalez, said his office seized 21 websites being used by these scammers. The scammer targeted a victim through a dating app and then steered them towards fraudulent investments. Gonzalez's office has not disclosed the number of websites involved in these scams.
Published : 4 weeks ago by in Finance
NEW YORK (AP) — Authorities in New York City say they have disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments. Brooklyn District Attorney Eric Gonzalez said Thursday that his office seized 21 web domains being used by scammers in so-called “pig butchering” schemes. The term refers to gaining a victim’s trust through dating apps or other sites and steering them toward bogus investments. One woman who spoke anonymously as part of the district attorney’s presentation says she lost $118,000 after a scammer contacted her through a dating app.
Topics: Cryptocurrency