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Scams that trick people into transferring funds fall outside most current fraud protections. Some victims want banks to take ...
At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese ...
DOJ Ties Kansas Bank Collapse to $225 Million 'Pig Butchering' Seizure Shan Hanes, the former CEO of Heartland Tri-State Bank, wired millions in embezzled funds to scammers who promised crypto ...
The Department of Justice on Wednesday asked a court to let the agency seize $225 million from a so-called “pig butchering” operation—a term that describes scams where conmen build up the ...
It is the largest-ever seizure of crypto linked to confidence schemes known as "pig butchering." The DOJ thanked Tether for aiding the probe and urged more victims to come forward.
Because pig butchering scams are now an international, billion-dollar industry, consumers should educate themselves on how these scams work and how to keep themselves safe online.
Five men have pleaded guilty for their roles in a global conspiracy to launder more than $36.9 million derived from international digital asset investment scams, using a method known as pig butchering ...
Pig butcher scams have conned billions of dollars from victims worldwide. Here's how you can be aware of the warning signs and avoid this investment fraud.
Messages a victim of an online scam known as "pig butchering," exchanged with a person who would later turn out to be a scammer. Philadelphia, Pennsylvania, on February 9, 2024.
U.S. Treasury Sanctions Burmese Militia Group Said to Run 'Pig Butchering' Compounds The Karen National Army and its leaders were sanctioned on accusations they perpetuated crimes against U.S ...
Illinois U.S. Rep. Raja Krishnamoorthi cited an ABC7 I-Team report in a push to stop "pig butchering" scams at a recent joint congressional hearing.
Pig butchering is a translation of the Chinese phrase "Shā Zhū Pán" and is one of the most devastating form of scam, targeting victims worldwide through sophisticated social engineering ...