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 ...

Authorities are launching strike forces, freezing funds and sanctioning facilitators as pig-butchering victims face double ...

Chainalysis warns pig-butchering crypto scams are escalating, posing national security risks and prompting global law ...

“Pig butchering” schemes are on the rise, which refers to a type of online investment fraud. How this scheme works is a victim is lured into making increasingly large deposits, that are often in ...

U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money ...

CHESAPEAKE, Va. (WAVY) — FBI Norfolk is putting out the warning about a scam called called “pig butchering.” It has to do with scammers first building trust with a victim and using that trust to clean ...

Pig-butchering scams have evolved from consumer fraud into a national security concern, with crime rings targeting victims globally.

“Pig-butchering” cryptocurrency scammers have swiped a staggering $75 billion from investors’ digital wallets — and the massive theft is mostly being orchestrated by overseas criminal networks that ...

Last year, the government recorded $4.57 billion in losses from investment fraud, but this figure is likely an underestimate. Crypto fraudsters are abandoning complicated Ponzi schemes in favor of ...

Fake trading apps on Google Play and Apple's App Store lure victims into “pig butchering” scams that have a global reach. The apps have been removed from the official Android and iOS stores after ...

POCAHONTAS, Ark. (KAIT) - A tradition that goes back decades. The Annual Old Fashioned Hog Butchering, hosted by the Eddie Mae Herron Museum in Pocahontas on Saturday, Feb 15. The event is chance for ...