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Darknet Diaries cover image

141: The Pig Butcher

Darknet Diaries

NOTE

Evolution and Impact of Romance Scams in Business Email Compromise

Romance scams are used as a money-laundering network by sending phishing emails to victims who then wire the money to launder it. The scammers have honed their skills over time, maintaining a perception of simplicity while being the number one cyber crime for several years in terms of financial losses, and only recently being surpassed by another crime called pig butchering.

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