Experts suspect a high number of unreported cases because victims were often ashamed. Scammers try to get in touch with potential victims via dating portals such as Tinder or via social networks such as LinkedIn.
Subsequently, they build up closeness and trust via flirting messages in order to convince the victims to invest in cryptocurrencies in the further course. In the end, everything is gone – the money and the love. According to the Ministry of Justice, the perpetrators speak contemptuously of "pig butchering german"