What Is a 'Pig Butchering' Scam? How to Spot and Avoid This Devastating Fraud

What Is a “Pig Butchering” Scam? How to Spot and Avoid This Devastating Fraud A growing wave of fraud known as “pig butchering” is drawing attention from law enforcement across the United States. In February 2026, New York Attorney General Letitia James issued a consumer alert warning residents about this particularly damaging scam. The alert underscores how scammers combine fake romantic relationships with bogus cryptocurrency investments to drain victims’ savings, often completely. ...

April 22, 2026 · 3 min · BriefArc Desk