The FBI has warned about a potentially devastating cryptocurrency scam called "pig butchering". The con, which CBS News said could "wipe out someone's life savings", has been growing in scale over ...

In recent years, a new type of scam has been targeting cryptocurrency users called the “pig-butchering scam.” Has anyone been really interested in getting to know you via dating apps or any of ...

As digital scamming explodes in Southeast Asia, including so called “pig butchering” investment scams, the United Nations Office on Drugs and Crime (UNODC) issued a comprehensive report this ...

“Pig butchering” is an unsavory term for a very specific kind of phishing attack, wherein the scammer targets a wealthy individual with the lure of romance and then takes them for all they ...

It was the first time anyone was known to successfully claw back money stolen through a new type of fraud called “pig ...

“The concept of pig butchering is the idea of fattening up the victim, getting them to invest more, more and more of that money, over a long period of time. Ultimately that final prize - in the ...

It took two months of near daily conversations, of first cultivating trust and then love, before he walked into her trap. Two months of phone calls, text messages and video chats. Two months of ...

He says, “There is a $1 billion-plus scam that's going on, and it's generally referred to as a pig [butchering] scam.” He explains that there are a few common characteristics seen in this scam ...

(NewsNation) — It’s a graphic, gruesome term for what has become a worldwide scam responsible for stealing an estimated $75 billion from people worldwide: Pig butchering, so named for the ...

Exploded during pandemic Beginning in China in 2019, “sha zhu pan” expanded worldwide as loneliness soared during the pandemic. In California, early pig butchering scammers, believed to ...

It took two months of near daily conversations, of first cultivating trust and then love, before he walked into her trap. Two months of phone calls, text messages and video chats. Two months of ...