In recent years, a new type of financial scam has been making waves across the globe: the "Pig Butchering Scam." Originating in Southeast Asia, this devious scheme has expanded its reach far and wide. But don’t be fooled by the peculiar name. It comes from the way scammers treat their victims: like pigs, they are "fattened up" (gaining trust) before being "slaughtered" (swindled out of their money). This humorous name belies the serious consequences of the scam, making it all the more necessary to raise awareness about its methods and how to avoid falling prey.
Beware of the 'Pig Butchering Scam': When Financial Fraud Meets Love
19 hours ago | Report Abuse
In recent years, a new type of financial scam has been making waves across the globe: the "Pig Butchering Scam." Originating in Southeast Asia, this devious scheme has expanded its reach far and wide. But don’t be fooled by the peculiar name. It comes from the way scammers treat their victims: like pigs, they are "fattened up" (gaining trust) before being "slaughtered" (swindled out of their money). This humorous name belies the serious consequences of the scam, making it all the more necessary to raise awareness about its methods and how to avoid falling prey.