Recently, a cyber fraud case targeting the elderly community has drawn public attention. A 61-year-old retired man encountered a typical pig-butchering scam on social platforms, suffering losses totaling up to 2.5 million yuan.
According to police reports, the victim initially met a woman claiming to work in information technology in Taiwan on Facebook. The two quickly established trust through daily conversations and developed an online romantic relationship, addressing each other with affectionate nicknames. As emotions deepened, the counterpart began steering the conversation toward investment and wealth management, claiming expertise in the US stock market and sending the victim specific links. These links directed to a counterfeit investment website purporting to feature advanced AI analysis systems capable of providing precise market advice and robust high-return strategies. Trusting this completely, the victim followed the other party's instructions multiple times to transfer funds into various unidentified personal accounts for so-called investments.
Investigation revealed these accounts were controlled by the fraud syndicate, leading to the victim's savings being drained sequentially, with cumulative losses exceeding 2.5 million yuan. Police warned the public that when an online partner suddenly transforms into a so-called investment expert, it often signals the start of a fraud script. Particularly when involving promises of high returns, AI insider information, and similar rhetoric, it is highly likely a trap. Law enforcement authorities emphasized never casually clicking on investment links from unknown sources and strictly prohibiting large fund transfers to strangers or non-official platform accounts. Before making any major investment decisions, it is advisable to consult with family members first to effectively guard against such risks.





