A long-con fraud in which criminals build genuine-seeming romantic or professional relationships over weeks or months before introducing victims to a fraudulent cryptocurrency investment platform and draining their funds. The name reflects the practice of 'fattening' the victim before slaughter.
Category: fraud prevention. Part of the Identity Technologist Glossary — 158+ practitioner-grade definitions covering identity verification, KYC/AML, biometrics, fraud prevention, and compliance. See all terms at https://identitytechnologist.com/glossary.