Search results
Results from the WOW.Com Content Network
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 ...
Illinois widow loses $1M life savings after ‘pig butchering’ scam — here's how to spot this scheme. Danielle Antosz. September 15, 2024 at 3:55 AM. ... with 200,216 reports in 2022. The most ...
She promised huge returns. He sold property and liquidated his 401(k), sending the woman more than $500,000 — his life savings. An account on a website appeared to show his holdings.
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.
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
Bank CEO was 'the pig' in pig butchering scam "Mr. Hanes made some very bad choices after being caught up in an extremely well-run cryptocurrency scam," his defense attorney, John Stang, wrote in ...
If you get an email providing you a PIN number and an 800 or 888 number to call, this a scam to try and steal valuable personal info. These emails will often ask you to call AOL at the number provided, provide the PIN number and will ask for account details including your password.
Yeah, seems like it's used both specifically as a narrow classification of scam (e.g. "I run the pig butchering scam, we all run the pig butchering scam") and as a sort of umbrella term referring to multiple scams (e.g. "I run a pig butchering scam, we all run pig butchering scams"). Some examples from the article: