How to Avoid 'Pig Butchering' Scams: A Practical Guide to Protecting Your Finances
Beyond the Headlines: How “Pig Butchering” Scams Work and How to Protect Yourself Recently, the New York State Attorney General’s office issued a stern warning about a sophisticated and devastating financial fraud known as “pig butchering.” While the alert was directed at New Yorkers, this scam is a global threat that targets anyone with an online presence. The name, derived from the practice of fattening a pig before slaughter, chillingly describes the scammer’s method: they spend weeks or months building trust before stealing everything. ...