The Pig Butchering Scam! 

Get 20% off DeleteMe US consumer plans when you go to joindeleteme.com/BOYLE and use promo code BOYLE at checkout. For DeleteMe international Plans go to international.joindeleteme.com

About the third most troubling thing I learned from this video was that the Pig Butcherer scamers seem to provide much better customer support than my bank.

I'm so Midwestern I thought this is one someone asks to split the cost on butchering a pig and then you never get the meat, lol

It’s kind of wild that law enforcement is just like “oh well, I don’t understand this thing, guess it’s impossible to track” and just ignores that the ledger of transactions is literally publicly available to anyone who cares to look.

Horrifying to see people being forced to run a scam

I only trust random messages from Nigerian princes. Anything else must be a scam.

My husband's friend got him involved with it. We were in such a bad way that he was excited to "invest" to help us. I told him that it was a scam. Thankfully he listens to me. He put in £100 because we reckoned we could afford to lose it. He watched his returns grow and of course when he tried to cash out, nothing. His friend had laughed at him for putting in so little and he'd roped in many others, they all lost thousands.

This has nothing to do with the video, but when I was in Cambodia, one time I was awoken at 3:00 in the morning by a woman screaming and gurgling as she died in a small village, and it completely terrified me. When others started getting up a couple hours later, I told them what I had heard, and my host said with a straight face "no, we just live next to a pig butcher who starts really early, and pigs sound like that when killed" and it absolutely haunts me to this day, and the phrase "pig butchering" gives me PTSD. Thank you for coming to my TEDTalk

I was in Viet Nam last year and people were talking about this a lot "Don't go to Cambodia for work, it's a scam, blah blah"

I know someone who was once blackmailed by an ex regarding nude pictures of himself. When he confessed to me that she had threatened to post his pictures online, I told him quite directly that no one really cared what his genitals looked like. We've all seen them before, his are not special either. Luckily he did get a lawyer involved soon after.

Those wrong number text messages come to my phone. I make them listen to stories about my cats for weeks till they stop texting back.

My friends Mom fell for this, she has dimentia, and was signing up on Plenty of Fish, and it was a hybrid Romance/Pig Butchering Scam.... they took her for so so SO damn much money, I don't even want to say. But it cost her, her son, and her ex-husband, who she had a joint account and a line of credit with, so so much trouble and loss. They might even lose their house and business... brutal stuff. These people are sickening.

The scammer farms are now stationed in Myanmar. Chinese and others are getting lured to Thailand, kidnapped and then moved to these farms.

I just got this last week. They have really gotten lazy. I told them so was a 12 year old boy with a bmx and they still kept it going.

I expected another shallow video about another scam. The depth of Patrick's research really exceeded my expectation.

I played along with one of these scams on a dating app, the so-called girl was from Singapore but she happened to live in detroit. The neighborhood that she randomly guessed that she was from was probably one of the worst neighborhoods you could live in. There are no immigrants from Singapore living in that neighborhood, there's hardly anybody living in that neighborhood. I won't even drive through that neighborhood.

What has always struck me about people saying they could make you rich with their crypto or stock advice was why don’t they simply take their own advice and become rich. The answer of course is that it’s all a scam.

I remember in 2020 seeing my friend . And she told me she was dating a guy online. Because it was Covid it made perfect sense that they couldn’t meet up. But when she told he asked her to invest in his online crypto , I called bs.I told her not to do it. I wish she listened.

I've got a couple of these, at first they're like "Patricia, are we still meeting for tennis tomorrow?" and the plausibility goes out the window once you tell them they've texted the wrong number because who keeps going like that?

Nothing good could ever come from "small casino villages in southern Cambodia"

I'm always amazed how Patrick's voice is seemingly monotone and could be perceived as boring but it's far from true. I'm hooked every time and founding myself glued to the screen with 100% focus!!!

Falling for one of those scams is hard to believe....a ceo of a bank losing 47 million of the banks money to this type of scam,...well that seems criminal on the CEO's part.

“He started with 100usd, which converted into 81 tether - because - you know - crypto transactions costs. “ this phrase is gold

Now I feel guilty. I was approached by a series of scammer ls who claimed to be Chinese women using this scam. I strung them along as long as possible without anting up any funds. I did it out of boredom and curiosity. It didn't occur to me that they were themselves victims. They were all trying to get me to invest in crypto forex gold futures. They were all using the same playbook.

Staggering that scams could amount to fully one half of a country's GDP, even a developing economy like Cambodia's.

19% transfer fees for Tether ?! Why would anyone be insane enough to pay those transaction fees ?!

The forced labor element of this is so horrifying.

Gen X was taught "Never talk to strangers" and it paid off well. I don't trust anyone, especially if I don't know them and they're sending me random messages.

The deep fake excuse is actually quite genius!

A scammer once tried to get me but I wound up annoying them with questions about API trading and they gave up on me because I didn't want to talk about buying or selling gold or crypto. I just kept asking about platforms and how to program them. 3 months later I heard of this scam and realized someone tried to get me and I annoyed them so much they gave up. Yeah I'm that kind of guy. Kidnappers would shoot me because I don't shut up.

The key to the scam is making the mark think and feel like it was all their idea rather than the scammer suggesting it. That way the mark's guard is down.

Nailed it, Thank you for this video, I work in finance and I have spoke to ppl who have been victims of these scams, to the extent they borrowed $50,000 from easy financial to pay ‘withdrawal fees’ they destroy ppl. Share this far and wide, if ppl are aware they are protected

Anything that involves payment either in crypto or in gift cards should raise a massive red flag, you're almost sure to be dealing with a scammer.

How does a BANK CEO fall for such a scheme? That is just incredible! Clearly that CEO was not the right person for the job

I don't know why but when I saw the video title I assumed scammers had gotten desperate and were calling people up threatening to butcher a pig if they didn't pay them.

My pig butcher was Emily, 33 year old devorcee, ran her old company, 3 cars and a nice house. She insisted on a video call seemly to prove she was legit and photo's of herself. I had never heard of pig butchering but I knew a supposedly wrong number call from a very attractive Chinese woman who suddenly wanted to be my best friend was suspicious. Googled this experience and realised what was going on. These people have no souls or conscience. I didn't lose any money but would love to see these thieves held accountable.

This explains why I had random messages sent to me about two years ago from Asian "female" executives contacting me and eventually bragging about making money in crypto currencies.

Usually I find it rather annoying when youtubers keep changing the thumbnail on videos (the reasons are obvious), but this one kept getting better and the current one is absolutely hilarious. Gotta love Patricks humor.

I have a good story of this. I strung them along for quite some time. They kept telling me about putting money into pools with other people, and I argued with them for about 20-30 messages over how if I'm going to invest that kind of money, I should build my own rig. They got quite angry. Then, she encouraged me to study crypto. So I waited a couple weeks and then responded with essentially a succinct version of the Folding Ideas video. I got some hilarious messages in response about how I'm a "ruined person" and "too negative" for someone as "amazing' as them. Had a great time.

For people who are interested: Nominal GDP of Cambodia is 29 billion USD, so what they are saying is these scams were worth about 14 billions dollars, which sounds plausible, even crazy huge 😅

3:12 - Looks better than the real Cybertruck !

I like the background. I feel like an insecure college student pestering my professor about stuff after class again.

A dead giveaway if you are a woman target, in my opinion, is being contacted by someone who is Military. The higher the rank the higher the suspicion. The highest unsolicited communication was from a General. 😂😂😂😂

I'm disappointed that the pig butchering scam doesn't involve lean hogs futures fraud or actually butchering pigs, missed opportunity to involve us, rural scamees 😢

I know people personally wrapped up in these scams. It's scary and sad how much of control these scammers have over their victims.

Half of Cambodian GDP?!!! Holy sh--! I mean it is a somewhat small country but still.

Just another reason that when someone starts talking crypto, I walk the other way.

Golden rule of internet: Nobody ever will give you something for FREE!

Basically like the Tinder Swindler but with a gang as an added bonus

So is it the rap album "Scam" by the artist now known as "Pig butchering ". Or the other way round? Is "pig butchering " a reference to the famous IceT rap song "cop killer" ? Well soon our favourite rap expert will enlighten us. MC Patrick looking forward to your jam!!!

I got one once on WeChat. I asked her who she was, she was like, "oh sorry, I was trying to contact my uncle, I must've dialed the wrong number". I told her her uncle died.

I've never heard such a sad story told in such a funny way. Brilliant!

Seeing Ginger Billy's "cyber truck" here was unexpected 😂

Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance : Paul Rohrbaugh, Douglas Caldwell, Greg Blake, Michal Lacko, Dougald Middleton, David O'Connor, Douglas Caldwell, Carsten Baukrowitz, Robert Wave, Jason Young, Ness Jung, Ben Brown, yourcheapdate, Dorothy Watson, Michael A Mayo, Chris Deister, Fredrick Saupe, Winston Wolfe, Adrian, Aaron Rose, Greg Thatcher, Chris Nicholls, Stephen, Joshua Rosenthal, Corgi, Adi, maRiano polidoRi, Joe Del Vicario, Marcio Andreazzi, Stefan Alexander, Stefan Penner, Scott Guthery, Luis Carmona, Keith Elkin, Claire Walsh, Marek Novák, Richard Stagg, Stephen Mortimer, Heinrich, Edgar De Sola, Sprite_tm, Wade Hobbs, Julie, Gregory Mahoney, Tom, Andre Michel, MrLuigi1138, Stephen Walker, Daniel Soderberg, John Tran, Noel Kurth, Alex Do, Simon Crosby, Gary Yrag, Dominique Buri, Sebastian, Charles, C.J. Christie, Daniel, David Schirrmacher, Ultramagic, Tim Jamison, Sam Freed,Mike Farmwald, DaFlesh, Michael Wilson, Peter Weiden, Adam Stickney, Agatha DeStories, Suzy Maclay, scott johnson, Brian K Lee, Jonathan Metter, freebird, Alexander E F, Forrest Mobley, Matthew Colter, lee beville, Fernanda Alario, William j Murphy, Atanas Atanasov, Maximiliano Rios, WhiskeyTuesday, Callum McLean, Christopher Lesner, Ivo Stoicov, William Ching, Georgios Kontogiannis, Dru Hill, Todd Gross, D F CICU, JAG, Pjotr Bekkering, Jason Harner, Nesh Hassan, Brainless, Ziad Azam, Ed, Artiom Casapu, Eric Holloman, ML, Meee, Carlos Arellano, Paul McCourt, Simon Bone, joel köykkä, Alan Medina, Chris Rock, Vik, Fly Girl, james brummel, Jessie Chiu, M G, Olivier Goemans, Martin Dráb, Boris Badinoff, eliott, Bill Walsh, Stephen Fotos, Brian McCullough, Sarah, Jonathan Horn, steel, Izidor Vetrih, Brian W Bush, James Hoctor, Eduardo, Jay T, Claude Chevroulet, Davíð Örn Jóhannesson, storm, Janusz Wieczorek, D Vidot, Christopher Boersma, Stephan Prinz, Norman A. Letterman, georgejr, Keanu Thierolf, Jeffrey, Matthew Berry, pawel irisik, Chris Davey, Michael Jones, Alfred, Ekaterina Lukyanets, Scott Gardner, Viktor Nilsson, Martin Esser, Paul Hilscher, Eric, Larry, Nam Nguyen, Lukas Braszus, hyeora,Swain Gant, Kirk Naylor-Vane, Earnest Williams, Subliminal Transformation, Kurt Mueller, KoolJBlack, MrDietsam, Shaun Alexander, Angelo Rauseo, Bo Grünberger, Henk S, Okke, Michael Chow, TheGabornator, Andrew Backer, Olivia Ney, Zachary Tu, Andrew Price, Alexandre Mah, Jean-Philippe Lemoussu, Gautham Chandra, Heather Meeker, Daniel Taylor, Nishil, Nigel Knight, gavin, Arjun K.S, Louis Görtz, Jordan Millar, Molly Carr,Joshua, Shaun Deanesh, Eric Bowden, Felix Goroncy, helter_seltzer, Zhngy, lazypikachu23, Compuart, Tom Eccles, AT, Adgn, STEPHEN INGRA, Clement Schoepfer, M, A M, Dave Jones, Julien Leveille, Piotr Kłos, Chan Mun Kay, Kirandeep Kaur, Jacob Warbrick, David Kavanagh, Kalimero, Omer Secer, Yura Vladimirovich, Alexander List, korede oguntuga, Thomas Foster, Zoe Nolan, Mihai, Bolutife Ogunsuyi, Old Ulysses, Mann, Rolf-Are Åbotsvik, Erik Johansson, Nay Lin Tun, Genji, Tom Sinnott, Sean Wheeler, Tom, Артем Мельников, Matthew Loos, Jaroslav Tupý, The Collier Report, Sola F, Rick Thor, Denis R, jugakalpa das, vicco55, vasan krish, DataLog, Johanes Sugiharto, Mark Pascarella, Gregory Gleason, Browning Mank, lulu minator, Mario Stemmann, Christopher Leigh, Michael Bascom, heathen99, Taivo Hiielaid, TheLunarBear, Scott Guthery, Irmantas Joksas, Leopoldo Silva, Henri Morse, Tiger, Angie at Work, francois meunier, Greg Thatcher, justine waje, Chris Deister, Peng Kuan Soh, Justin Subtle, John Spenceley, Gary Manotoc, Mauricio Villalobos B, Max Kaye, Serene Cynic, Yan Babitski, faraz arabi, Marcos Cuellar, Jay Hart, Petteri Korhonen, Safira Wibawa, Matthew Twomey, Adi Shafir, Dablo Escobud, Vivian Pang, Ian Sinclair, doug ritchie, Rod Whelan, Bob Wang, George O, Zephyral, Stefano Angioletti, Sam Searle, Travis Glanzer, Hazman Elias, Alex Sss, saylesma, Jennifer Settle, Anh Minh, Dan Sellers, David H Heinrich, Chris Chia, David Hay, Sandro, Leona, Yan Dubin, Genji, Brian Shaw, neil mclure, Francis Torok, Jeff Page, Stephen Heiner, Peter, Tadas Šubonis, Adam, Antonio, Patrick Alexander, Greg L, Paul Roland Carlos Garcia Cabral, NotThatDan, Diarmuid Kelly, Juanita Lantini, Martin, Julius Schulte, Yixuan Zheng, Greater Fool, Katja K, neosama, Shivani N, HoneyBadger, Hamish Ivey-Law, Ed, Richárd Nagyfi, griffll8, Oliver Sun, Soumnek, Justyna Kolniak, Vasil Papadhimitri, Devin Lunney, Jan Kowalski, Roberta Tsang, Shuo Wang, Joe Mosbacher, Mitchell Blackmore, Cameron Kilgore, Robert B. Cowan, Nora, Rio.r, Rod, George Pennington, Danial Ramzan, Sergiu Coroi, Nate Perry, Eric Lee, Martin Kristiansen, Gamewarrior010, Joe Lamantia, DLC, Allan Lindqvist, Kamil Kraszewski, Jaran Dorelat and Yoshinao Kumaga.

"Maybe that's why the prople at BBC would never hire me." 😄😄😄

I imagine if John Malkovich and my advanced economics textbook fused together perfectly, I'd get you. Same energy: calm and efficient.

Patrick, you are an amazing story teller 😊 . Thank you for everything you do for the public.

What makes you more susceptible to scams is arrogance and overconfidence that you're too smart to get scammed, that way you get relaxed and may overlook something on accident. So always be careful.

Patrick, every one of your vids is informative, beautifully put together AND fun. Thank you!

So now we have to contend with ghosters, catfishers, bots, AI and now criminal gangs on dating apps. What's the point.

Wow Patrick! You upload the podcast version of these really fast. Thank you!

The dry humour of Patrick is the best

Thanks Patrick. Your narrations are always insightful and informative.

Lol one time I was bored enough and the scammer friendly enough to have wasted a bit of time texting. Eventually, "Hey, you interested in crypto?". Delete and block. Then suddenly another wrong number. After blocking 3 or 4 in a row it stopped.

Thanks Patrick… I almost fell for one of these. It’s something I would love to share with others so that they don’t fall for it as well… listening to you made me realise anew how close I had come!

Very informative - thanks Patrick, a thoroughly researched and well presented video.

Yeah I was responding to a generic "Hey how are you?" message and said I was in Geneva Switzerland. They responded "You mean Lake Geneva, WI? " My info is out there, they knew who I was. Always the same storyline, Asian young woman living in a big city in America, didn't get to the part where they explain how they are so independently wealthy through crypto or whatever financial scam

"Cybertruck of his dreams" LMAO

As always, a great premiere & friendly chat. A wonderful end to a quiet Saturday night, thank-you.

Excellent as usual Patrick, thank you very much!

My favourite is the "Blue Balls" scam. Young men in Egypt would make friends with older western women tourists & establish a relationship. Then they dip their nutsack in indigo, turning them blue and claiming they need an operation or lose their eggs. Usually costs around $5k for the op, which the women pay for. I know a lad in Sharm who bought a house, 3 taxis & a dive business doing this. He had so many women on the go he could hardly walk sometimes because they'd all be at different stages of the scam, so he'd have blue balls for a fortnight while one woman visited, then have to scrub his sack clean for the next woman on a flight 2 days later.

This video is an eye-opener on the complexities and dangers of the Pig Butchering scam. Your detailed breakdown and real-world examples, like Zeke Faux's experiences, really highlight how sophisticated and devastating these scams can be. Thanks for shedding light on this critical issue and offering practical advice to stay safe. Keep up the great work! 👍

I’m a fraud investigator and had one of these poor folks try and scam me. At first I played along because I was bored and they had commented on a FB post of mine which was about a favorite bar in Las Vegas. Same Korean images, but an even more impressive twist was the blurry FAcetime video that was tried at my request to verify the person. I didn’t get to the send me money part. 😮

Yo, it's Patrick Boyle, rollin' in the cut, On RU-vid, droppin' knowledge, never givin' up, Finance guru, breakin' down the trends, Every vid's a hit, he's the one who sets the ends

Introverts are naturally immune to this scam.

Fortunately me being a Nigerian prince I have been able to retire a wealthy Nigerian prince now thanks everyone thank you

No pigs were harmed in the making of this clip.

This is basically a subset of the good old phising.

Great video as usual, purchased Zeke's book based on your very informative content.

Great timing for this video, as I'm pretty sure someone tried to scam me this way just yesterday. Creepy.

Thank you for your brilliant and topical videos. This is a cohesive analysis on a heartbreaking topic that has ruined the lives of too many .

If you wanna see a pig butchering scam unfold in real time, _Kitboga_ has one of those scammers on the hook this week. He explained a bit of the background during Thursday's stream's intro.

The wrong number gets me every single time! Because I am the type to usually respond. They text me. I tell them it’s a wrong number. They tell me respond with something like “sorry to bother you” I text don’t worry about it. Then they tell me I seem cool. They would like to be friends and send me a photo of a mildly attractive woman. At that point I stop responding.

A side note. Happy to see the subscriber count go up to something a little more deserving for this quality content!

Everyone started talking about this scam 😑 Suddenly Patrick uploaded 🤩

Whenever i get one of those suspicious text messages, i always respond with, "I expect you are part of one of those pig butchering scams. I hope you are not being held against your will. If you are, God bless you and I hope you will be able to escape soon." Then I block the number. I hope it gives them a little bit of hope.

Fantastic information Patrick. I always enjoy your Rap Music channel!

I keep getting the same scam texts from someone I "recently met" (at various cities in the US, most of which I've never been to) using a picture that's clearly a Korean social media influencer. Their name changes, but it's always the same pic. The picture includes two Korean women with "her" as one and me supposedly the other. I am a white Irish guy from Ohio. After the "mixup", they keep talking and get really chummy with me, setting up the scam. I play dumb and they don't get a dime.

Patrick upping his RU-vid thumbnail game

I've received a few of these messages. They're not very intelligent and I honestly don't understand how people get caught by these obvious scams. It literally takes one or two replies to notice how (French word for slow) they are.

Thank you Patrick for the awesome video 👍🏼 You’ve saved thousands from falling in such scam 🙏🏻

Excellent follow-up to Zeke Fawkes’ book and your interview.

Zeke Faux’s book is one of the best I’ve read in recent years. Highly recommend Number Go Up! Also a shout out to the two University of Texas professors for their report.

Highly recommend the Darknet Diaries episode on this. If you haven't heard of it before I think you'd love the content Patrick.

Great information, well presented 👍

Great content as always. Thank you!

Coffeezilla should get a Pulitzer. And a Grammy for his jazz piano.

I found my Wife this way, we were married remotely, yet to meet her though :(

That cyber truck flash was hilarious. I want to watch a longer version of it. Ha.

Thank you for this great video of public interest.