Report: Individual Trapped in ‘Fraudulent Complex’, Coerced into Promoting Cryptocurrency Scams Targeting Westerners

Report: Individual Trapped in 'Fraudulent Complex', Coerced into Promoting Cryptocurrency Scams Targeting Westerners


Malaysian Man Tricked into Crypto Scams After Responding to Job Ad on Facebook

A Malaysian man, known as John, fell victim to a human trafficking syndicate after responding to a job advertisement on Facebook. According to CBC, John saw a post on a Facebook group offering a customer service job with a Cambodian casino. Since he had lost his job due to the Covid-19 pandemic, he accepted the offer, which included free travel expenses from Thailand to Sihanoukville in Cambodia.

However, upon arrival, John’s passport was confiscated, and he was locked up in a compound with other captives for four months. He was forced to engage in crypto scams targeting Canadians and English-speaking Westerners through a scheme called pig-butchering. This involved building relationships with potential victims and persuading them to invest in cryptocurrencies.

Forced to Scam and Endure Abuse

John was coerced into initiating conversations with strangers online and convincing them to make shady crypto investments. Failure to comply resulted in physical abuse from the traffickers. Despite attempting an escape by seeking help online, he was caught and sold to another scam company for $11,000.

Rescue and Ideal Targets

John eventually managed to contact the International Justice Mission (IJM) through social media. IJM collaborated with authorities to rescue him from captivity. Jake Sims, IJM’s country director for Cambodia, explained that individuals like John are prime targets for traffickers due to their language skills, education, and desperation for employment opportunities.

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

The article originally appeared on The Daily Hodl.

Author – Contributor at | Website

Daisy Hodley emerges as a luminary blending the roles of crypto analyst, devoted researcher, and editorial virtuoso into a harmonious symphony. In the realm of digital currencies, Daisy’s insights resonate with an exquisite resonance across a diverse spectrum of minds. Her adeptness in decoding intricate threads of crypto complexities seamlessly intertwines with her editorial finesse, translating intricacy into a captivating melody of understanding.