Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the ...
(NewsNation) — It’s a graphic, gruesome term for what has become a worldwide scam responsible for stealing an estimated $75 billion from people worldwide: Pig butchering, so named for the practice of ...
At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into travelling to Thailand for an ...
As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...
An investor willingly sent his hard-earned Bitcoin retirement fund to a scammer, losing his entire stash after falling for a pig butchering scam despite repeated warnings. The victim of a $20 million ...
Pig-butchering scams are getting more sophisticated — and more costly — by the day. One report found criminals have swindled an estimated $75 billion from victims. And just recently, a criminal ...
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, ...
(NewsNation) — The Department of Justice says it has seized the most money it’s ever recovered in one action in targeting the founder of a Cambodian conglomerate accused in a massive cryptocurrency ...
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 ...
Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances. Pig ...
As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...