This type of scam began attracting attention in China around 2019 and is typically carried out by Chinese organized crime groups. At the beginning of 2025, panic about fraud and human trafficking ...

Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the billions of dollars across 200,000 identified cases in 2024, according to a ...

A cast iron dish of super crispy, golden brown pork cracklings, surrounded by sliced limes. - rafaelgraminho/Shutterstock We may receive a commission on purchases ...

In January 2023, a 67-year-old man in North Carolina received a text message from a woman named Jeanie. She said she lived in Miami and worked in fashion design. Though they never met in person, an ...

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 ...

On Wednesday, June 18, the U.S. Attorney’s Office announced it had seized $225 million in cryptocurrency connected to pig butchering scams. The seizure involves funds stolen from 400 victims worldwide ...

Pig butchering, a form of romance fraud in which victims are groomed into sending money to fake crypto investment schemes, has grown into a multibillion-dollar industry, according to blockchain ...

There is no silver lining for a victim who suffers a financial fraud attack, but federal tax law may provide a degree of relief. Financial fraud is a serious concern for all businesses and individuals ...

Crypto scammers may have pocketed as much as a record $12.4 billion last year fueled, in part, by growth of so-called pig-butchering schemes, blockchain analytics firm Chainalysis said. Fraudsters' ...