romance scam – pressnews

[ad_1] A new type of online scam has surfaced recently. Known as the “pig butchering” scam (literal translation from sha zhu pan, meaning pig butchering plate), it is a type of romance scam where a scammer would connect with the victim, usually on a dating site or a social media website, and will show romantic interest in the victim. But before too long, the fraudster would scam the victim out of all their money. But this scam is getting scarier as scammers are taking the path of crypto to easily steal the money without being tracked. And to win the trust of the victims, scammers are sneaking in fraudulent crypto apps into Google Play and Apple App Store, a cybersecurity company has found.Researchers at the cybersecurity company Sophos have published a report where they found that earl...

[ad_1] The use of AI chatbots in pulling off romantic online scams can make life a nightmare for the victims. The world of online scams is constantly evolving. Today, there are a plethora of online scams duping victims including phishing scams, lottery scams, fake job scams, ponzi scams, tech support scams and romance scams. All of these scams work on the same principle — they first hook the victim with a lucrative offer and then try to siphon their personal and financial information and steal money from them. And now, romance scams are being weaponised due to the emergence of AI chatbots.AI chatbots, such as the popular ChatGPT, are capable of having conversations with users with contextual and human-like responses. They also learn from the conversation itself and can adapt themselve...

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Crypto scam apps on Google Play and Apple App Store? Know how pig butchering works

AI chatbots seducing victims as online scams get even more SINISTER