by sergei

Barely a day goes without a scam of some kind popping up on our phones or in our email, trying to get us to download malware, reveal a password or pay for fraudulent goods. But there’s one bit of con artistry gaining traction that you definitely don’t want to fall for.

It’s called a “pig butchering” scheme, because the perpetrators will “fatten up” a victim to gain their trust before “butchering” them — typically by persuading them to invest large sums of money into a fraudulent investment, then making off with all of it.