Transcript
Erin West (0:00)
The tragedy of it is that people don't know that this is happening. It is the silent killer. And when I say killer, I do mean that people are committing suicide. Adult children are reaching out to me and saying, I had no idea my dad was in this. He lost the entire family fortune and then he killed himself. This is an epidemic.
Natalie (0:27)
Hey, everyone, welcome back to the show. Joining me this week is Erin West. She is a globally recognized speaker and educator specializing in transnational organized crime. And she's the founder of Operation Shamrock, which tackles the growing global problem of pig butchering scams. You might think you know what that is, but when I learned about it, I was very, very surprised and I can't wait to learn a little bit more, given the recent headlines. So, Aaron, thank you so much for joining me.
Erin West (0:53)
Oh, thank you so much for the opportunity to talk to your audience about this massive threat.
Natalie (0:58)
Well, you know, I just want to mention to the audience that I first.
Podcast Host/Announcer (1:01)
Heard you speak at the Eve Wealth.
Natalie (1:02)
Summit and I was fascinated by your fireside. I didn't even know that this was happening. I didn't know that it involved cryptocurrency, and I didn't understand how big of a human trafficking problem it was. So let's just break down. What is a pig butchering scam and how did you get involved in all this?
Erin West (1:20)
Well, I certainly understand that when you first hear about it, it really kind of blows your mind. And I felt the same way the first time I heard about it. A pig butchering scam is essentially a long con. It is a romance scam, slash investment scheme, crypto investment scheme. And I heard about this when I was working as a prosecutor. I was a prosecutor for 26 and a half years, attached to a high tech investigation team. And starting in March 22nd. March. Not March 22nd, but in March 2022, we started seeing victims who had lost every penny they had. That's the nature of this scheme. The way it works is someone will reach out to you in basically one of four ways. You'll get one of those texts that everybody is getting that says, hey, you left your shoes in my car, or what time are we meeting for golf on Sunday? And that begins the conversation. Or you might meet someone on a dating app or on LinkedIn or on the Meta platform and that conversation turns into a four month grooming process where you'll be led to believe that you are in the relationship that you always wanted. These scammers are really preying on a loneliness epidemic globally and they're preying on the fact that people want a human connection and they want to be seen and heard. And these scammers are providing just that for a long period of time. And at the same time they're doing that, they're showing you this elevated lifestyle, they are showing you that they do yoga, play golf, travel well, drive a Range Rover. And ultimately the discussion comes of, how are you able to afford this? And that's when the scammer will say, oh, well, I invest in cryptocurrency. I didn't know how to do it, but my uncle taught me and my uncle could teach you. And that's the second phase of the scam.
