The Jordan Harbinger Show 737: Winston Sterzel | Don't Lose Your Bacon in a Pig-Butchering Scam
Oct 13, 2022
Winston Sterzel, a South African vlogger who spent 14 years in China, dives into the sinister world of pig-butchering scams. He explains the mechanics of this deceptive scheme, targeting vulnerable individuals through psychological manipulation. Winston shares his experiences of turning the tables on scammers and discusses the emotional toll on victims. Listeners gain valuable insights on spotting these scams and the broader implications of fraud in the cryptocurrency space, making this an eye-opening conversation on modern deception.
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Targeting Foreigners
- The "pig butchering" scam targets foreigners due to increased awareness within China and among the diaspora.
- Scammers exploit the lack of repercussions for targeting foreigners and often operate from neighboring countries with less restricted internet access.
Overcharging Incident
- Winston Sterzel recounts being overcharged tenfold for a hat in China.
- The vendor justified the price by saying Chinese people should help each other, highlighting a xenophobic mentality.
Thirst Trap Tactic
- The pig-butchering scam uses attractive women to lower men's defenses.
- This tactic exploits men's tendency to be more gullible around attractive women.