The Expert Podcast

If you have been a victim of one of these Pig Butchering online scams, you may be feeling kind of low about yourself. Maybe you think you did something wrong, that you were stupid, or that you were vulnerable. Well, that’s not really the case.

Here’s a perfect example from MoneyWise on Yahoo, where a retired law enforcement officer lost their entire life savings—$87,000—to an online fraud. We hear this all the time. We talk to hundreds of people daily, many of them professionals—executives, attorneys, accountants, CEOs—who have lost money in these scams.

It’s not the fault of the victim. These scammers are very sophisticated in how they communicate. They have on-staff psychiatrists and psychologists who know exactly how to word their messages. They craft posts and contacts designed to get you to respond, and they usually drag it out over a long period of time.

One of the biggest ways they create trust is by not rushing things. They take days, weeks, even months to build up a sense of confidence. They never ask for money right away. They don’t ask for anything. Once they’ve built up trust, then they can take your money.

If you’ve been a victim and lost money, don’t feel bad about it. The next question is: How do you get it back?

One method mentioned in this article is reporting it within 30 days, but even then, you can’t always get your money back from the bank. However, sometimes you can, so try that first.

Second, look into what’s called third-party liability—there may be others legally responsible for returning your money.

Third, consider digital forensics and open-source intelligence to trace the flow of funds and track assets. These are more advanced methods, but if you click the link below, we provide detailed information on how victims recover funds from Ponzi schemes and online scams.

These scams happen everywhere and affect all kinds of people—from blue-collar workers to top-level executives. It’s not just you. You didn’t do anything wrong.

Take action. Don’t hide. Don’t feel ashamed. This is not a reflection of who you are—it’s proof that scammers are insidious and evil, preying on people to steal their money.

If you found this video helpful, check out more content on our channel. There might be other useful information that can assist you in recovering your funds or preventing future scams.