In one investigation, agents learned that scammers had messaged one victim over Airbnb, showing an interest in renting their ...

How does the Pig Butchering Scam work? 1: Building trust Scammers contact the target on social media, dating apps, or messaging platforms. They pretend to be friends or have a romance. 2 ...

Ever hear of “pig butchering?” Probably not. It has been characterized as an international financial fraud scheme that has ...

Prosecutor general Martha Imalwa has revealed details of an online investment scam, known as "pig butchering", which saw 15 people arrested in Namibia in October 2023.Imalwa reveals the details in a ...

CHICOPEE, Mass. (WWLP) – The FDIC Office of Inspector General issued a new scheme alert to inform consumers of a type of scheme known as “pig butchering.” “Pig butchering” schemes are ...

Senior writer at Forbes covering cybercrime, privacy and surveillance. Among its users are those carrying out so-called “pig butchering” schemes, where victims are convinced to invest in a ...

An increasingly common scam known as “Pig Butchering” is targeting professionals. WSJ cybersecurity reporter Robert McMillan joins host Zoe Thomas to discuss how it works and how to avoid it.

“The concept of pig butchering is the idea of fattening up the victim, getting them to invest more, more and more of that money, over a long period of time. Ultimately that final prize - in the ...

A new cyber fraud scheme called the 'pig butchering scam' targets vulnerable individuals by building trust and manipulating them into investing in fake opportunities. WhatsApp is the most-abused ...

A California resident is suing three Asia-based banks over allegations they failed to conduct basic checks that might have prevented crypto scammers from defrauding him of nearly $1 million.

According to a report from the FBI, "pig butchering" and other crypto-related scams cost Americans $5.6 billion in 2023. Losses from investment scams in crypto increased by 53% over 2022.