A pig-butchering scam is a form of online relationship and investment fraud in which perpetrators cultivate fake romantic or social relationships with victims before persuading them to invest money, often in fraudulent cryptocurrency schemes. Law enforcement agencies have increasingly referred to the practice as romance baiting.
A pig-butchering scam is a form of online relationship and investment fraud in which perpetrators cultivate fake romantic or social relationships with victims before persuading them to invest money, often in fraudulent cryptocurrency schemes. Law enforcement agencies have increasingly referred to the practice as romance baiting.
Source: Wikipedia "Pig butchering scam" · CC BY-SA 4.0
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