In a concerted push to inoculate the public from scams, King County prosecutors laid out a wide variety of them at a press conference.
From phishing to romance fraud to extortion and even becoming a “money mule,” financial crimes continue to impact residents across King County – and it’s expected to rise once again with the coming holiday season.
“One of the emerging trends in financial crimes over the last few years is what’s called ‘pig butchering,’” Senior Deputy Prosecutor Hugo Torres with the Economic Crimes & Wage Theft Division said.It’s a tactic, he said, where criminals repeatedly convince their victims to send them money. BECU found itself in the middle of another scam – this time, on the receiving end of an imposter pretending to be the credit union in attempts to siphon funds away from customers.
Prosecutors offered more advice that consumers have likely heard before: don’t click suspicious links in emails, don’t readily trust someone calling pretending to be a family member in dire need and be aware that government officials and law enforcement will never request payment be in gift cards or cryptocurrencies.
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