I’ve talked to lots of pig-butchering victims. One guy called my national radio show because a woman DMed him on Facebook about a crypto investment. He gave her money and did not want to believe ...
“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 ...
A Pig in a butcher's outfit, intensely typing on a computer. Today is Halloween, a time for ghouls, goblins and harmless pranks. But in the digital landscape, there’s a new trick with ...
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 scams are becoming more prevalent worldwide. Despite the name, these schemes do not relate to pork but to your finances. The US National Cybersecurity Alliance says they involve ...
FBI Special Agent Kevin Gallagher says the scam is known as pig butchering or crypto confidence fraud. "So the way this works and why it is so successful is because of the level of sophistication ...
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 ...
Pig-butchering scams are getting more sophisticated — and more costly — by the day. One report found criminals have swindled an estimated $75 billion from victims. And just recently ...