How to Recognize and Avoid 'Pig Butchering' Scams Targeting Consumers
How “Pig Butchering” Scams Fatten Victims Before the Slaughter You receive a message from a stranger. It might be a wrong-number text, a direct message on a social media platform, or a friend request from an appealing profile. The conversation starts casually, often friendly or flirtatious. Over weeks or even months, a relationship builds. Then, an opportunity arises: a can’t-miss investment, a urgent financial favor, or a foolproof trading platform. You’re persuaded to send money, maybe just a little at first. The profits on the screen look impressive, encouraging you to send more. Eventually, when you try to withdraw your “earnings” or the relationship sours, the person—and your money—disappears. ...