At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into travelling to Thailand for an ...
When the victim attempts to withdraw their supposed profits, they are met with excuses, demands for exorbitant fees or taxes, or are simply ghosted. The website disappears, and the scammer cuts off ...
Pig butchering scams were the leading attack vector for the cryptocurrency space in 2024, resulting in multi-billion dollar losses for millions of investors. According to data from web3 security firm ...
Q: I’m trying to protect my parents from scammers. What are some scams targeting older people? A: Older adults are often a prime target for scammers, and it’s not just by chance. They tend to have ...
It started with a message on LinkedIn. She said her name was Anna and that she was working on a project in Toronto for a tech company. She said she had noticed improper large-volume trading in a ...
The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold, ...
The pig butchering operations, run by organized crime syndicates, are fueled by human trafficking, West said. The scammers behind personas like “Jenny” are often victims themselves, tricked into ...
LAS VEGAS, Nev. (FOX5) - Las Vegas police say they are seeing a rise in “pig butchering” scams in the valley. The Las Vegas Metropolitan Police Department posted on their Instagram page about the scam ...
US Secret Service seizes a second website tied to ‘pig butchering’ scam that defrauded mostly older Americans of more than $4.5M — here’s how to keep your loved ones safe The U.S. Secret Service in ...
Pig-butchering scams have evolved from consumer fraud into a national security concern, with crime rings targeting victims globally.
It took two months of near daily conversations, of first cultivating trust and then love, before he walked into her trap. Two months of phone calls, text messages and video chats. Two months of ...
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