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A pig butchering scam, a.k.a. "sha zhu pan" [2] or shazhupan, [3] (Chinese: ĉçŞç), 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]
The agency provided the following warning signs of "pig butchering" scams: —Random communication from an unknown person. —Unsolicited investment offers received by email, social media or phone.
The gradual increase in funds is likened up to the fattening of a pig before slaughter, while the butchering refers to when the scammer eventually steals the money and cuts ties permanently.
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 cuts of pork are the different parts of the pig which are consumed as food by humans. The terminology and extent of each cut varies from country to country. There are between four and six primal cuts, which are the large parts in which the pig is first cut: the shoulder (blade and picnic), loin, belly (spare ribs and side) and leg.
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 ...
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 ...
Dressed pig, cut in half lengthwise, with head still attached. Dressed weight (also known as dead weight or carcass weight) refers to the weight of an animal after being partially butchered, removing all the internal organs and often the head as well as inedible (or less desirable) portions of the tail and legs. It includes the bones, cartilage ...