Dec 11, 2024
(KRON) -- Two people are facing charges for allegedly using a growing scam called “pig butchering” in an attempt to steal more than half a million dollars from an elderly South Bay resident, the Santa Clara County District Attorney’s Office announced Wednesday. In this instance of the scam, two suspects posed as an investment banker on Facebook using the name “Aunt Amelia,” the DA’s office said. The fake account successfully lured the 66-year-old San Jose man into “investing” $170,000 of his own money into cybercurrency. The man became suspicious after “Aunt Amelia” wanted him to send nearly $348,000 more. Fake bankers scam elderly North Bay woman out of $20K The scam victim contacted the district attorney’s office, who began an investigation. DA investigators, acting as the victim, set up a meeting with the suspects for them to collect the cash at a San Jose parking lot. Two suspects arrived and were promptly arrested. The suspects' names were not released by the DA's office Wednesday. District Attorney Jeff Rosen is warning the community of pig butchering scams after this arrest. The nickname illustrates “how the scammers slowly, methodically, steal as much as possible of a victim’s money,” the DA’s office said, after feeding the victim promises of grand outcomes. According to Rosen, many pig butchering scams are perpetuated by human trafficking victims in Southeast Asia who are forced to partake by using text messaging and fake financial websites. The Santa Clara County DA’s office has created a website that offers tips to help victims of pig butchering scams.
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