737: Winston Sterzel | Don't Lose Your Bacon in a Pig-Butchering Scam
Oct 13, 2022
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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.
Winston Sterzel (@serpentza) is a South African vlogger and video producer who lived in Shenzhen in the Guangdong province of China for 14 years. He hosts his own YouTube channel as SerpentZA and co-hosts vlog ADVChina with Laowhy86.
What We Discuss with Winston Sterzel:
How does the pig-butchering scam work, and why is it called this?
Who tends to be the most common target of the pig-butchering scam, and how has this changed since its inception?
The psychological levers that get used to manipulate victims of the pig-butchering scam, and how they differ from more traditional scams.
How much time and effort pig-butchering scammers will invest in fattening up their victims for the big kill (and how Winston has made a game of wasting their time and effort when he's been their mark).
Warnings from people who have fallen for the pig-butchering scam and how you can avoid being next.