How to Avoid Pig Butchering Scams: Essential Tips for Savvy Investors
The “Pig Butchering” Scam: How to Spot It and Protect Your Money You receive a friendly, seemingly accidental message. A wrong number, perhaps, or a new connection on social media. The conversation starts casually, but over weeks or months, it evolves. Your new contact is personable, shares stories of their success, and eventually reveals an “exclusive” investment opportunity with incredible returns. This is the opening act of a devastating financial fraud known as “pig butchering,” and authorities like New York Attorney General Letitia James are urging the public to be on high alert. ...