How to Spot and Avoid 'Pig Butchering' Scams That Could Cost You Money
How “Pig Butchering” Scams Work and How to Protect Yourself In February 2026, New York Attorney General Letitia James issued a consumer alert warning residents about a disturbing rise in a specific type of fraud known as “pig butchering.” The name is jarring, and deliberately so. It derives from the scammers’ tactic of “fattening up” a victim with trust and affection before “slaughtering” them for their money. Unlike impulsive phishing attempts, this is a slow-burn, psychological scheme designed to exploit loneliness and the desire for connection. Understanding its mechanics is your first and best defense. ...