How to Recognize and Stop 'Pig Butchering' Scams Before They Cost You Money
The “Pig Butchering” Scam: How Fraudsters Fatten Victims for Financial Slaughter You meet someone online. The conversation is engaging, the connection feels real, and over weeks or months, a bond of trust forms. Then, they introduce an “exclusive” investment opportunity. This isn’t just a clumsy phishing email; it’s a sophisticated, patient fraud known as “pig butchering,” and authorities like New York Attorney General Letitia James are issuing urgent warnings about its spread. ...