Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale. The multibillion-dollar scam known as “pig-butchering,” once treated ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. “Individuals held against their will in the compounds engaged ...

Federal prosecutors allege a man helped launder cryptocurrency linked to alleged investment scam, known as “pig butchering,” ...

Joe Novak thought he had found love on social media. When the 51-year-old New Jersey father posted on Facebook about the troubles he faces while taking care of a son with celiac disease, a kind, ...

Unlike phishing attacks that defraud victims quickly, pig-butchering scams build long-term emotional trust before introducing fraudulent crypto investment opportunities. From casual outreach and ...

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 ...

Interpol calls on the cybersecurity community, law enforcement, and the media to stop using the term "Pig Butchering" when referring to online relationship and investment scams, as it unnecessarily ...

Law360 (August 4, 2025, 5:19 PM EDT) -- The world of cryptocurrency, for all its revolutionary potential, has also become a fertile ground for sophisticated scams. Among the most insidious and ...

The state is warning New Yorkers to be on the lookout for “pig butchering” scams, which target unsuspecting victims to make fraudulent investments resulting in severe financial losses, according to a ...

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 ...

Pig butchering is a translation of the Chinese phrase "Shā Zhū Pán" and is one of the most devastating form of scam, targeting victims worldwide through sophisticated social engineering techniques, ...