Financial Fraud

How Extended Fraud Alerts Can Protect Your Finances—and Even Boost Your Credit If you’ve been a victim of identity theft, one of the first things you’re told is to place a fraud alert on your credit file. It’s a sensible step: it warns lenders to verify your identity before opening new accounts in your name. What’s less obvious is that this simple precaution may also have an unexpected side effect—improving your credit score. ...

How to Spot a Pig Butchering Scam Before It’s Too Late It starts with a friendly, unexpected message. Maybe on a dating app, a social media platform, or even via a “wrong number” text. The conversation feels genuine, builds slowly, and a sense of trust develops. But this carefully crafted connection has a singular, devastating goal: to fatten you up financially before the slaughter. This is a “Pig Butchering” scam, and authorities like the New York State Attorney General are urging the public to be on high alert. ...

The “Pig Butchering” Scam: How Fraudsters Fatten Victims Before the Slaughter You receive a friendly, unexpected message. It might be on a dating app, social media, or even via a seemingly wrong-number text. The person on the other end is charming, builds rapport over weeks, and eventually shares a secret: they’ve made incredible profits through an online investment platform. They offer to help you do the same. This is the opening act of a “pig butchering” scam—a ruthless long-con where victims are emotionally “fattened up” with trust before their finances are slaughtered. ...