Type of Scam
Pig Butchering
Definition
A sophisticated scam combining romance and investment fraud. Scammers build relationships over months, then convince victims to invest in fake cryptocurrency platforms. Named because victims are 'fattened up' before being 'slaughtered' financially.
Real Examples
- 1WhatsApp messages from 'wrong numbers' that become romantic
- 2LinkedIn connections offering investment advice
- 3Dating app matches who quickly talk about crypto investing
Related Terms
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