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‘Pig butchering’ scams hit online victims for billions
Modern-day pig butchering describes how online scammers play the long game: luring and grooming victims with seemingly innocent “wrong number” text messages. If someone responds, the scammer patiently engaged over weeks or months,
A victim of a crypto ‘pig butchering’ scam just got his $140,000 back
NPR investigated a crypto scam company known as SpireBit, which stole hundreds of thousands of dollars from Russian-speaking seniors. Now, some of the victims are getting their money back after a lawsuit by Massachusetts authorities.
Fake Trading Apps for Android, iOS Lead to Pig Butchering Scam
In a pig butchering scam, fake trading apps first available on Google and Apple apps stores and later on phishing download sites lured victims into depositing money into fraudulent accounts, which was then stolen,
Google Play Store and Apple App Store hit by fraudulent trading apps in ‘pig butchering’ scheme
Pig butchering is a type of investment fraud where victims are shown fabricated profits and asked to invest more and more money.
Hackers using fake trading apps to lure victims in 'pig butchering' scam
Using a series of fraudulent trading apps, which were available for download on both the Google Play Store and Apple's App Store, hackers have duped thousands of people
‘Pig butchering’ schemes found hiding as trading apps on Google Play, App Store
Cybersecurity researchers have reported finding multiple mobile applications used in so-called ‘pig butchering’ schemes, lurking on the official Google and Apple repositories. ‘Pig butchering’ is a type of financial fraud in which the victims - called ‘pigs’ - are first “stuffed”,
6d
The Pig Butchering Invasion Has Begun
Pig butchering” scam operations that once originated in Southeast Asia are now proliferating around the world, likely raking ...
2d
on MSN
Pig butchering: one of the world's fastest growing scams
The FBI estimates that pig butchering scams stole nearly $4bn in total from tens of thousands of American victims last year, ...
8h
on MSN
Beware of 'Pig Butchering' scams: Fake trading apps are stealing money from smartphone users: Report
Hackers are exploiting fake trading apps on smartphones to execute scams, tricking users into losing money through fraudulent ...
13d
on MSN
'Pig butchering' fraud: The link between modern slavery, torture and online crime
Netflix documentary "The Tinder Swindler" tells the story of a fraudster who convinces women he met on a dating app to "loan" ...
2d
iOS And Android Security Scare—2 Very Dangerous Apps Found In Official Stores
Security researchers have warned that “pig butchering” trading platform fraudsters have been leveraging people’s trust in ...
1d
Security News This Week: The FBI Still Hasn’t Cracked NYC Mayor Eric Adams’ Phone
Plus: Harvard students pack Meta’s smart glasses with privacy-invading face-recognition tech, Microsoft and the DOJ seize ...
JD Supra
11d
Pig Butchering Crypto Scams Rising
Since then, pig butchering crypto scams continue to rise and remain profitable for the perpetrators. Chainalsys 2024 Crypto ...
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