Tag:pig butchering

By: Judith Rinearson, Daniel Knight, Lucas Nicolet-Serra, and Kai Zhang

Our firm has a pro bono client who lost thousands of dollars trusting someone she met online. Over two years, the fraudster convinced her to move her funds to a US “bank” that would help her pay for her daughter’s expensive hospital stays. The sophistication of this ongoing fraud was incredible. When we researched the transactions on the blockchain, however, we discovered that her funds had been moved to an Eastern European digital wallet holding more than a billion dollars.