REGISTER | LOGIN

Sociopaths and money

Asian cops bust S$19 million love scam syndicate

Devices and ATM cards seized in operation (Commercial Crime Investigation Dept. Royal Malaysia Police).

Cops in Singapore, Malaysia and Hong Kong take Internet romance scams seriously — which is more than I can say for U.S. and European authorities. Asian cops just busted a love scam crime ring that had swindled victims out of more than Singapore $19.45 million (US$14.08 million).

Officers arrested 19 suspects in the same syndicate: 15 Malaysian women, 1 Malaysian man, 2 Nigerian men and 1 Chinese woman. Did you catch that? The people doing the scamming were mostly women!

These suspects swindled 146 people. Eight of the victims in Singapore lost more than $450,000.

Hong Kong businesswoman loses almost $3 million in online love scam

Online love scams are running rampant in Asia. A 66-year-old widow and businesswoman from Hong Kong sent HK$23 million (US$ 2.9 million) to a man she met online, but never met in person. The con artist posed as a British engineer who needed money for his projects. The woman sent him the money in more than 200 transactions between April 2014 and July 2018.

Hong Kong lonely heart loses $23 million to an online love scam, on InkStoneNews.com.

In the meantime, 280 cases of Internet love scams were reported in Singapore over the first half of 2018. The victims lost a total of SG$ 12 million (US$ 8.7 million).

Yahoo Boys swindle $12.7 million from Hong Kong women in four months

Photo by Refracted Moments

The Yahoo Boys of Africa are expanding their romance scam empires. At least two crime syndicates from Africa are preying on women in Hong Kong. In the first four months of this year, 159 Hongkongers lost US$12.7 million (HK$100 million) in romance scams. The number of fraud causes is up 200%.

The biggest loser was a 56-year-old woman living in public housing who lost US$3.4 million (HK$26.4 million) in 18 months.

Police believe the African gangs recruit local residents in Asian countries to open bank accounts, collect payments and find online targets.

Looking for love online? Watch out for the Yahoo Boys!

Yahoo Boys were arrested for love scams.

In Nigeria, perpetrators of online fraud are called “Yahoo Boys.” They do very well for themselves.

Three men who specialized in love scams were arrested Monday by the Nigerian Economic and Financial Crimes Commission (EFCC). They were found with cars, laptops, mobile phones, and other property, all purchased with the money they scammed from unwitting romantic partners.

And a couple of weeks ago, a group of Yahoo boys abandoned their exotic cars at a nightclub to escape a raid by the EFCC.

If you still want to try online dating, know that the Internet is infested with predators, and be very careful.

Gambling wife cons £3.5 million from her British husband and his family

Christopher Forte and his con artist wife, Juliana Posman.

Chris Forte of the United Kingdom fell in love with a woman he met at work, Juliana Posman, who was born in Indonesia. She told his family she needed to borrow £130,000 for immigration issues, and Forte’s parents gladly helped.

That was the beginning of the money drain. It turned out that Posman was a gambling addict and a con artist who lost £3.5 million.

My Indonesian bride, the £3.5m con artist: Forte hotel dynasty member reveals how he was left homeless and penniless after being bewitched into ‘lending’ his exotic wife his family’s ENTIRE savings, on DailyMail.co.uk.

When white-collar criminals commit fraud, unknowing wives are devastated

Romance scamMy ex-husband, James Montgomery, was a white-collar criminal. He pretended to be a businessman, but in reality I, and the other women from whom he took more than $1 million, were his business. Federal prosecutors couldn’t be bothered going after him.

Other white-collar criminals, who are likely sociopaths like my husband, commit fraud with their employers. This gets the attention of law enforcement. When they are prosecuted, the casualties include their wives.

In an article for the New York Times, Abby Ellin describes the devastation suffered by women who had no idea what their husbands were doing. They find that other people don’t believe that they were unaware, but I do. I know what it’s like to be conned by a sociopath.

The Atlantic tells the story of serial con man Derek Alldred and his multiple romance scams

Derek Alldred as a fake Navy SEAL

For several years, Lovefraud posted articles about Derek Alldred, a con man who scammed women in Minnesota, Texas and other states. He posed as a war hero, physician, investment banker and more, scamming about a dozen women out of more than $1 million.

The creep is finally in jail. And The Atlantic has written a comprehensive story of his exploits — and how his victims banded together to stop him.

The perfect man who wasn’t, on TheAtlantic.com.

My comments on the article:

  • Not once did the author mention any personality disorder. She made the statement that “America loves a con man.”

Red flags that a gold digger may have targeted your elderly parent or friend

boomers seniors onlineMany sociopaths (although not all of them) target romantic partners to swindle them out of money. Lovefraud’s research shows that most sociopaths continue their manipulative behavior as long as they live. That means senior sociopaths may target other seniors. They may proclaim their love, in order to access the victim’s money, home or pension.

Jean Mignolet, a private investigator in Florida, where lots of seniors live, recently posted an article about spotting the warning signs of a gold digger. Some are:

  1. Ambiguity — the con artist glosses over important information about temselves
  2. Significant age difference — especially they met online

Romance scam: Woman steals $42,000 to send to a man she met online

Loke Pui Ling, a 44-year-old woman from Singapore, was sentenced to 16 months in jail for misappropriating more than $42,000 from her employer. She sent the money to Nigeria, believing that she was helping the man she met online and fell in love with.

And that’s just the beginning of the story.

Loke also agreed to “help” another man she met online by accepting $62,000 into her bank account. The money appeared to be part of $71,000 taken from another woman, so Loke was essentially engaged in money laundering.

Love scam victim who misappropriated over $42k from employer jailed for 16 months, on StraitsTimes.com.

Fox News draws attention to romance scams

Finally, a major U.S. TV news channel is drawing attention to romance scams. Yesterday Fox News told the story of a nurse who thought she found love with a soldier. Actually what she found was a con artist who scammed her out of $50,000.

The soldier was Gabe Fanelli — but he didn’t scam the woman. His photos were stolen by a con artist. Fanelli gets 10-12 messages a week from women who say they’ve been scammed by him. He didn’t do it.

Here’s the scariest part of the story — the FBI says that love scams are among the fastest-growing crimes on the Internet.

Send this to a friend