Inside the Victim’s Mind in Romance Scams / E4

Romance Scams & Pig Butchering Scams

(learn more) - "This scam originated in Southeast Asia, and the name originates from the Chinese phrase "Shāz Hū Pán," meaning pig butchering. A ring of cryptocurrency scammers search dating and social media sites for victims."

Educating the public about the dangers of Romance Scams is an important mission, that can help save the potential victims: money (see statistical data listed below) and heartache.

To be better equipped with the necessary knowledge about falling victim to romance scams and "Pig Butchering" scams, it is important to understand the mind of any potential victim. To be able to do that, we need to hear from experts like the special guest in this episode - Lauren Smith.

Lauren is the author of The Mindful Dating Journal: "Find a Healthy Love that Lasts", and the host of the Date in Peace podcast. To contact her, visit her website: https://www.mettadatestudio.com/contact.

Enjoy listening! Buy me a coffee: https://www.buymeacoffee.com/neofraus

According to SCARS, every 15 seconds there are 2 more relationship Scam Victims. SCARS statistical data is showing the following:

• Romance Scams attempts each day: 14,388,000
• New Romance Scams victims per year: 2,016,000
• New Romance Scams victims per day: 5,523
• Average financial loss per Romance Scam: US $15,300
• Romance Scams financial loss each day: US $84,501,900
• Romance Scams financial loss per year: US $30,843,193,500

Pig Butchering Scams (learn more) - "This scam originated in Southeast Asia, and the name originates from the Chinese phrase "Shāz Hū Pán," meaning pig butchering. A ring of cryptocurrency scammers search dating and social media sites for victims."

According to SCARS, new Pig Butchering victims per minute: 4.

SCARS statistical data is showing:

• Pig Butchering Scams attempts each day: 2,190,000
• New Pig Butchering Scams victims per year: 2,184,000
• New Pig Butchering Scams victims per day: 5,983
• Average financial loss per Pig Butchering Scam: US $69,480
• Pig Butchering Scams financial loss each day: US $415,698,840
• Pig Butchering financial loss per year: US $151,730,076,600.