Indian Woman in US Falls Victim to Crypto Fraud by Hinge Date
The "wine trader" wooed Shreya Datta online for months with his charming grin and emoji-filled chats.
The fraud stripped Shreya Datta, 37, of her savings and retirement money while leaving her in debt, featuring the use of digitally manipulated deepfake films.
The scam is popularly referred to as "pig butchering," with victims compared to hogs fattened up by fraudsters with false love and tenderness before being duped into a bogus cryptocurrency investment.
The scam is controlled by crime syndicates in Southeast Asia, and has resulted in billions of dollars in losses in the United States, with victims claiming there is no recourse for recovering the money.