Rising on-line scams ruining lives

Last 12 months, the FBI estimates, on-line scams run out of Southeast Asia stole practically $4 billion from tens of 1000’s of Americans, a 53% improve from the 12 months earlier than. There are numerous victims of this large international prison operation predominantly run by Chinese gangs who’ve constructed a multibillion-dollar rip-off business utilizing a military of scammers in Southeast Asia, many held in opposition to their will in guarded compounds and compelled to con folks all around the globe out of their life financial savings. CNN’s Ivan Watson investigates the devastating penalties – together with, in some circumstances, suicide – of this observe, referred to as “pig-butchering.”