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Read the sickening text messages that cost one 75-year-old his entire $715,000 life savings
A 75-year-old man has shared the heartbreaking text messages that cost him his entire $715,000 life savings in a sickening months-long 'pig butchering' scam.
The man, who did not want to be named, told The Wall Street Journal how the elaborate ploy convinced him a younger woman had fallen in love with him and needed his help.
The scam began in May last year when a woman posing as a lonely but successful Chinese 37-year-old woman living in San Francisco messaged him on LinkedIn.
Over the next three months, she convinced him to transfer his entire life savings into a fake trading platform, promising that they would be able to get married and live together using the returns on his investment.
Once he had exhausted all of his - and his partner's - assets, the woman stopped replying to his messages and his money was gone.
A 75-year-old man was scammed out of $715,000 in life savings after falling for a 'pig butchering' scam targeting lonely and vulnerable people online
The man is a 75-year-old professional living in the American Midwest.
He is one of millions of people globally to be targeted in so-called pig butchering scams where strangers seduce vulnerable and lonely people online, building trust and convincing them to put money into fake schemes.
Once they have taken the money, the scammers - who mostly pose as beautiful young women - disappear.
In reality, many of the scammers are men based in compounds run by Chinese criminal syndicates in parts of Southeast Asia and West Africa, according to The Journal.
Many of the scammers are themselves victims of trafficking and are trained and given phones and scripts to follow with their targets under the threat of violence.
In this case, the woman contacted the man via LinkedIn, exchanging pleasantries before suggesting they move to WhatsApp.
The man told her he had a modest retirement fund but still worked full-time and lived with his partner of 40 years, who he said he had grown apart from.
She sent him photos of 'herself' at luxury restaurants, shopping and traveling and told him that she had moved to the US from China eight years earlier.
She said she was lonely and longed for a companion and was just looking for true love.
They bonded over their love of food, travel, fitness and pets and she sent him detailed descriptions of her meals and workouts.
They had a few brief voice calls and one video call early on - likely taken by a model in one of the compounds - but then communicated solely over text.
The scammer posed as a Chinese woman named Violaine, contacting the man over LinkedIn before suggesting they move to WhatsApp. The woman claimed she was lonely and was looking for true love, with the pair even planning a road trip together
The scammer started telling the man about her 'uncle's' company and tricked him into transferring over $700,000 to a 'trading platform.' She talked him through setting up the account and reassured him that he could trust her
Once they had built up a rapport, she started telling him about her 'uncle's' company, which she said made a fortune trading gold future on a platform called FX6.
Over the next three months, she manipulated and cajoled the man into transferring $715,000 to the platform, which then vanished.
She talked him through setting up an account and transferring the money, promising: 'We will be very happy in the future... I really thank God for letting me meet you.'
In between reassuring him that he could 'trust me' the pair planned a road trip together that she said they could take using the returns on his investments.
When he doubted her or questioned why he needed to transfer the money, she guilt-tripped him, saying: 'Your distrust of me once again made me feel the fickleness of men'.
As the amounts he was transferring to the scheme increased, his bank started warning him he could be the victim of the scam, but with her help he ignored the bank and kept making bigger payments.
He sold his stocks and took out a loan all to meet the growing payments.
Then, when he said he had nothing left to invest, she vanished.
When he doubted her or questioned why he needed to transfer the money, the scammer guilt-tripped him
When the man had nothing left to invest, 'Violaine' stopped replying to his messages and disappeared
He sent her desperate messages, begging her to respond and explain what had happened.
In one, he said: 'Do me a favor and just shoot me. I have nothing to live for. No money, no family, and no soul mate.'
She didn't respond.
He reported her to the FBI but nothing has come of his report, the FBI told The Journal that the complaints are reviewed and forwarded to relevant law enforcement agencies.
He has not got any of his money back and has finally accepted that it was a scam.
Now he wants to raise awareness of the schemes and how easy it is to be targeted. He told The Journal: 'She hooked me.'