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    C. Morris (cmorris@mastodon.social)'s status on Monday, 07-Jul-2025 21:21:19 JST C. Morris C. Morris

    How Foreign Scammers Use U.S. Banks to Fleece Americans. “In the face of some $44 billion a year in pig-butchering #scams conducted by Asian crime syndicates, U.S. banks have failed to prevent mass scale money laundering. | ProPublica https://www.propublica.org/article/pig-butchering-scam-cybercrime-us-banks-money-laundering

    In conversation about 11 months ago from mastodon.social permalink

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      How Foreign Scammers Use U.S. Banks to Fleece Americans
      from @propublica
      Asian crime syndicates’ online scams have reached industrial proportions, cheating victims around the world out of more than $44 billion a year. U.S. banks have been unable to stop them.

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