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78-Year-Old Singaporean Actor Laurance Pang Loses S$35,000 in Pig-Butchering Scam

Jan 22, 2025 BrokersView

78-Year-Old Singaporean Actor Laurance Pang Loses S$35,000 in Pig-Butchering Scam

Laurance Pang, a 78-year-old Singaporean actor, spoke about his experience with the pig-butchering scam on the “Raffy Tulfo In Action” program hosted by Raffy Tulfo.

 

In late 2024, Laurance Pang met a woman named “Mika” on the PinaLove dating site. They never met offline, but only chatted via messages.

 

Later, Mika suggested that he become a reseller for an online platform. A person who becomes a reseller can open an online store through the platform and display goods for sale. As long as a customer buys a product here, the reseller gets a 10% commission. But before starting the business, Pang has to make a payment as capital.

 

Deeply attracted to Mika, Pang accepted the offer and followed her instructions to transfer the money into her bank account, allowing her to open and set up e-commerce and cryptocurrency accounts for him.

 

However, the platform also required that no withdrawals could be made as long as there were unfinished orders. The orders came in quickly and kept accumulating, causing Pang to be unable to withdraw funds from his account.

 

Pang believed that these customers and orders were fake by scammers to prevent him from withdrawing. Realizing this, he deleted all the goods from his online store. However, the products somehow made it back to the store, and more and more orders came in.

 

Eventually, he realized it was actually a fake platform pretending to be Rakuten, a Japanese shopping platform, and was cheated out of nearly P1.5 million.

 

Pang said, “Being an old man, you know, when a young lady tells you, ‘I like you,’ (and you believed it). That was stupid.”

 

Wallen Mae Arancillo, the Anti-Cybercrime Group's public information officer, said, “We want to remind the public not to easily trust people they just met online. You don’t know these people, and they can use dummy accounts to make you fall for an investment scam.”

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