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08/15/2022

5 tips for spotting and avoiding Pig butchering scams

TripWire

A new type of scam, called “pig butchering” is gaining momentum. Pig butchering is a unique scam which uses a romance scam script, but with an investment spin on it, where victims are groomed to invest large sums of money, often on fake crypto apps. Behind the scenes of these scams are scam centers run by cryptocurrency scammers, who coerce human trafficking victims into executing the online scam en masse, sometimes defrauding the unsuspecting victims of their life savings.

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