What Are ‘Pig Butchering’ Scams? How to Spot and Avoid This Investment Fraud
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. ...