Description
How can a friendly online relationship turn into a financial nightmare?
In this episode, the guys dive into the dark world of pig butchering scams—a term that captures the sinister nature of these elaborate cons. They explore the methods scammers use to build trust and manipulate their victims, often employing advanced techniques like AI. Learn about the staggering financial impact of these scams, with over a billion dollars lost to romance scams alone, and discover how young men are specifically targeted, offering insights to help them avoid falling victim to these schemes.
Through real-life examples and a step-by-step breakdown of scam tactics, the guys provide practical advice on identifying these cons and protecting yourself and your loved ones. From the psychological manipulation of love bombing to the crucial importance of discussing big investments with others, this episode is packed with insights to help you stay vigilant. Tune in to gain the awareness you need to discern between genuine opportunities and potential scams.
“Once you begin to understand how it works, you’ll have the awareness and be able to avoid things like this” - T Rex
You’ll leave this episode with…
What a pig butchering scam is and how it can affect you
Ways this scam affects men and how they are falling prey to them
The people pig butchering scams target
Real-life examples of what these scams look like
A step-by-step break down of how these scams work
Ways in which scammers build your trust before they scam you
How scammers are using AI to make their scams look more legit
What love bombing is
What the scammer does once you’ve been scammed
How you can identify scammers for your own safety and for the protection of those you love
Ways you can discern between the right investment opportunities and the wrong ones
The Manhood Experiment of the week that will allow you and others to be aware of pig butchering scams
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What is the Manhood Experiment?
It’s a weekly podcast where we give you one experiment to level up your mind, career, business, health, relationships and more!
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Resources Mentioned:
John Oliver on CNN
Erin West, Santa Clara Deputy District Attorney - “They are running circles around us: https://www.youtube.com/shorts/Vo3wLAiHGu8
John Oliver: https://www.youtube.com/watch?v=pLPpl2ISKTg
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