How to Spot and Avoid Pig Butchering Scams: Protect Your Finances
What Are Pig Butchering Scams, and How Can You Avoid Them? You receive a friendly, seemingly accidental message on social media or a dating app. The conversation flows easily, trust builds over weeks or even months, and eventually, your new “friend” shares an incredible investment opportunity. This slow-burn con is known as a “pig butchering” scam, and authorities are sounding the alarm. New York Attorney General Letitia James recently issued a consumer alert specifically warning residents about this sophisticated fraud. Understanding its mechanics is your first line of defense. ...