Investment Scams on Facebook and Instagram: How to Spot Them and Stay Safe If you’re active on Facebook or Instagram, you’ve probably seen posts or messages promoting a “guaranteed” investment opportunity. Maybe it’s a crypto trading platform that promises triple your money in a week. Or a direct message from someone claiming to be a trusted financial advisor with a limited-time offer. ...
Pig Butchering Scams: A Step-by-Step Guide to Spotting These Devastating Crypto Frauds In February 2026, New York Attorney General Letitia James issued a consumer alert warning about a sharp rise in “pig butchering” scams. These schemes combine romance fraud with fake cryptocurrency investments to drain victims’ savings—often over weeks or months of careful grooming. According to the alert, losses have reached millions of dollars, and the transactions are almost impossible to reverse. ...
What Are ‘Pig Butchering’ Scams? How to Spot and Avoid This Investment Fraud New York Attorney General Letitia James recently issued a consumer alert warning New Yorkers about a sophisticated type of fraud known as “pig butchering.” The term may sound strange, but the damage is very real: victims have lost hundreds of thousands of dollars—sometimes their entire savings—to these scams. If you use dating apps, social media, or even LinkedIn, it’s worth understanding how this scheme works and how to protect yourself. ...