Darknet Diaries cover image

Darknet Diaries

141: The Pig Butcher

Jan 2, 2024
Cybersecurity expert Ronnie Tokazowski takes us on a wild journey through the world of pig butchering, discussing the tactics and vulnerabilities of scammers, methods of communication with scammers, the prevalence of BEC fraud as the top cybercrime, and the spiritual beliefs of scammers revealed through a discovery of stolen money and dead chickens.
59:35

Podcast summary created with Snipd AI

Quick takeaways

  • Real estate transactions are vulnerable to escrow scams, emphasizing the need for caution with large sums of money.
  • Romance scams exploit vulnerable individuals, causing emotional trauma and significant financial losses.

Deep dives

Escrow Scam: Buyer Loses Money and Deal Falls Through

A listener shares their story of buying a house and losing $250,000 due to an escrow scam. The listener entrusted the funds to the escrow company, but a scammer pretended to be the seller and convinced the escrow company to deposit the money into their account instead. As a result, the escrow company refused to give the buyer the keys to the house, causing a dispute and potential legal action. This incident highlights the vulnerability of buyers during real estate transactions and the importance of caution when dealing with large sums of money.

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