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A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: 杀猪盘), translated as killing pig game) [1] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
Due to the high cost of pets within the game, with some rare pets selling for up to US$300 on off-platform sites, [29] [30] a large subculture of scammers have risen within Adopt Me!. As the primary user base of Adopt Me! is on average younger than the rest of Roblox [citation needed], they are especially susceptible to falling for scams. [31] [32]
Pig butchering, in this context, is not a culinary art, but an increasingly common crypto scam in which someone tries to lure you into making investments with the purpose of running off with your ...
Scam center operators lure foreign nationals to scam hubs, where they are forced into modern slavery, to scam internet users around the world into fraudulently buying cryptocurrencies or withdrawing cash via social media and online dating apps. [1] A typical scam is known as "pig butchering".
The former executive of a rural Kansas bank who admitted to embezzling tens of millions of dollars as part of a cryptocurrency scheme has been sentenced to more than 24 years in federal prison.
Her husband had passed away decades ago, and she’d recently met a charming man online. "He said that he loved me,” the Lombard, Illinois, woman told ABC 7 Eyewitness News.
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
Four accused scam artists, three from Southern California and one from suburban Chicago, were charged in an alleged "pig butchering" scheme that bilked victims out of more than $80 million ...