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nigeria arrests nearly 800 in major crypto scam targeting foreign victims

Nigerian authorities have arrested nearly 800 individuals linked to crypto "pig butchering" scams that targeted North American and European victims. These scams involve building trust with victims online to lure them into investing in fake opportunities, after which the fraudsters disappear with their funds. A recent raid in Lagos uncovered a call center where foreign nationals trained Nigerian accomplices to execute these scams, utilizing high-end technology and fake profiles to engage victims.
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