Showing only posts tagged Erin West. Show all posts.

Massive Losses Define Epidemic of ‘Pig Butchering’

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U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “ pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that …

NY Man Pleads Guilty in $20 Million SIM Swap Theft

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A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors …