The FBI estimates that pig butchering scams stole nearly $4bn in total from tens of thousands of American victims last year, ...
NPR investigated a crypto scam company known as SpireBit, which stole hundreds of thousands of dollars from Russian-speaking ...
Such “pig butchering” operations have largely been concentrated in Myanmar, Cambodia, and Laos, typically rooted in Chinese organized crime groups exploiting instability and poor governance in ...
Cybersecurity researchers have reported finding multiple mobile applications used in so-called ‘pig butchering’ schemes, ...
Hackers are exploiting fake trading apps on smartphones to execute scams, tricking users into losing money through fraudulent ...
LOS ANGELES, Oct. 2, 2024 /PRNewswire/ -- Attorney Kiley Grombacher filed a lawsuit against multiple defendants alleging their client was caught up on a "pig butchering" scam involving the theft ...
(MENAFN- PR Newswire) LOS ANGELES, Oct. 2, 2024 /PRNewswire/ -- Attorney Kiley Grombacher filed a lawsuit against multiple defendants alleging their client was caught up on a "pig butchering" scam ...
Fake trading applications have been discovered on Google Play and Apple’s App Store, targeting users in a global “pig butchering” scam. Researchers from cybersecurity firm Group-IB identified these ...
These types of schemes are widely known as pig butchering, which refers to frauds in which cybercriminals lure victims into fake investment schemes. Fraudsters may spend weeks or even months gaining ...
The campaign is part of a consumer investment fraud scheme that's also widely known as pig butchering, in which prospective victims are lured into making investments in cryptocurrency or other ...