[…The scam Pedro fell victim to has a name; the police know it as the “Pig butchering scam” (in Spanish, it is translated as “matanza del cerdo” or “crimen degollando al cerdo”). They select the victim on dating apps and other social networks such as TikTok, and convince them to make financial investments in plans that do not exist. In this way, while they take money from the victims, the organisation fattens its piggy bank. When the victims discover the deception, they break the piggy bank (kill the pig) and disappear.]

[How can you avoid becoming a victim of a scam like this? At onBranding, a cybersecurity, intelligence analysis and private investigation company, they warn: “dating apps are successful, but you have to be careful, take precautions and trust your instincts”].

[When it comes to making financial transactions, Selva Orejón, founder and director of onBranding, notes that “cryptocurrency is a virtual currency, based on blockchain technology”, and that “to operate with it, it is essential to understand this technology“. The expert highlights another key issue: “there are many people who do not know how to safeguard and secure their digital identity”. Their accounts, their wallets. “There are many risks”].

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