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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.
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.
The scam is known as "pig butchering" and involves scammers luring people into fake crypto investments. "It's called pig butchering because the fraudster will fatten you out with promises of great ...
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 ...
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
Democratic Review DemocraticReview.com Defunct Owned by American Review LLC of Miami, the same company that owns American News (americannews.com), Conservative 101 and Liberal Society. [12] [14] Liberal Society LiberalSociety.com Defunct Published a fake direct quote attributed to Obama, Falsely claimed that the White House fired Kellyanne Conway.
Here's how “pig butchering” scams work: you meet someone online or via text. Sometimes, scammers "accidentally" text the wrong number and then try to initiate a conversation.
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