How to Recognize and Avoid 'Pig Butchering' Scams: A Consumer Safety Guide
The “Friendly Stranger” Scam: How “Pig Butchering” Cons People Out of Their Savings If you get a message from a stranger—maybe on WhatsApp, social media, or a dating app—strike up a friendly conversation, and eventually, they start talking about a “foolproof” investment opportunity, you might be dealing with more than just a new acquaintance. You could be the target of a sophisticated, long-term fraud known as a “pig butchering” scam. ...