Investigating the con that combines romance scams and crypto fraud (Marketplace)

Canadians are losing millions of dollars to a devastating new cyber-scam known as “pig butchering.” It's a long-term con that combines romance scams, crypto fraud and investment schemes. CBC Marketplace talks to people who've lost their life savings and the trust of their loved ones as a result of this scam. And in a surprising twist, we reveal that many of the perpetrators are victims themselves, forced into a life of scamming.

If you think you or somebody you know may be a victim of a scam, report it to the Canadian Anti-Fraud Centre.

#Crypto #Scam #Marketplace

00:00 - ‘Pig butchering’ playbook
13:54 - Are scammers victims, too?
18:58 - Confronting the other side
20:17 - Talking to LinkedIn and Facebook

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BAD ROMANCE: WHO'S CONNING CANADIANS?

producer/director
GREG SADLER

reporter
DAVID COMMON

research producers
TYANA GRUNDIG
KATIE PEDERSEN

associate producer
KATIE SWYERS

editor
AARON TAYLOR

camera
NORM ARNOLD
DAVID MACINTOSH
JOHN LESAVAGE
SAMUEL MARTIN
MIKAEL ENLUND
NOPAKORN THEINSIRI

additional footage
POND5

art director
DAVID ABRAHAMS

graphic designer
MICHAEL TINNING

media management
ASTORIA LUZZI

social media producers
AMARA MCLAUGHLIN
BRITT PURDY

colour correction
KYLE J. SMITH

sound mix
DANY TREMBLAY

project manager
VICTOR KERR

resource coordinators
MARC CORMIER
DRAGAN MARICIC

news rollout producer
JENNY COWLEY

packaging editor
BENNY KOSHY

packaging producer
LINDA SIBONY

promo producer
GREG SADLER

senior producer
TIFFANY FOXCROFT

executive producer
NELISHA VELLANI

FIRST BROADCAST February 9, 2024