How to Spot and Avoid 'Pig Butchering' Scams Before You Get Hooked
The “Pig Butchering” Scam: How to Recognize It and Protect Your Finances You get a friendly, unexpected message. Maybe it’s on social media, a dating app, or even a wrong-number text. The conversation starts casually, builds trust over weeks or months, and eventually turns to talk of a “can’t-miss” investment opportunity. This slow, deliberate process is the hallmark of a “pig butchering” scam, and it’s costing victims devastating sums. Recently, New York Attorney General Letitia James issued a stark consumer alert warning residents about this specific threat. Understanding how it works is your first and best defense. ...