Pig butchering scams came onto the scene a few years ago and have been gaining momentum ever since. A unique take on an old classic, pig butchering is a typical investment scam with a romantic or relationship-based twist. The large sums of “invested” money are typically funneled into fake crypto apps where they are promptly lost. Those who have fallen victim to pig butchering scams have taken out home mortgage loans, borrowed from friends and family, and even lost their life savings on the financial advice of those they were led to believe cared about them. The more you know about this type of…
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