The vast, sophisticated and fast-growing global enterprise that is Scam Inc
Online scamming leaves nobody safe
EDGAR MET Rita on LinkedIn. He worked for a Canadian software company, she was from Singapore and was with a large consultancy. They were just friends, but they chatted online all the time. One day Rita offered to teach him how to trade crypto. With her help, he made good money. So he raised his stake. However, after Edgar tried to cash out, it became clear that the crypto-trading site was a fake and that he had lost $78,000. Rita, it turned out, was a trafficked Filipina held prisoner in a compound in Myanmar.
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This article appeared in the Leaders section of the print edition under the headline “Scam Inc”
Leaders February 8th 2025
From the February 8th 2025 edition
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