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The senior in San José suspected something was amiss when the woman who'd supposedly helped him buy $170,000 worth of cryptocurrency had asked for twice as much money to pay overseas taxes.
A pig butchering scam, a.k.a. "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. [4]
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 ...
The con is called pig butchering — so named because victims are likened to hogs, fattened up for slaughter. “It’s a sophisticated con, and you can see that because it’s a long-term con ...
The William Davies Company facilities in Toronto, Ontario, Canada, circa 1920. This facility was then the third largest hog-packing plant in North America. The meat-packing industry (also spelled meatpacking industry or meat packing industry) handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock.
Grower, a pig between weaning and sale or transfer to the breeding herd, sold for slaughter or killed for rations. [clarification needed] Finisher, a grower pig over 70 kg (150 lb) liveweight; Butcher hog, a pig of approximately 100 kg (220 lb), ready for the market. In some markets (Italy) the final weight of butcher pig is in the 180 kg (400 ...
Three men from Southern California were among those charged in connection with an investment scam involving more than $80 million in losses, the U.S. Department of Justice announced Thursday.
Dec. 20—State officials warn of what they call "pig butchering" scams targeting seniors throughout New Mexico during the holiday season. In such scams, fraudsters reach out to potential victims ...