If you receive an unexpected message from a stranger offering investment advice, delete it immediately. If you respond, you ...
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 ...
I just finished speaking to a room of 550 seniors. Two of them had already lost a staggering $600,000 to this scam. It’s heartbreaking. And it’s happening right now. If we don’t act, this could become ...
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Feds seize $15B bitcoin in 'pig butchering' scam; avoid crypto fraud
Federal agents have quietly pulled off one of the largest financial seizures in American history, taking control of roughly 15 billion dollars in bitcoin tied to a sprawling "pig butchering" ...
“Pig butchering” is every bit as brutal as it sounds. In the world of cryptocurrency investment fraud, the term refers to a slow, methodical scheme built on deception. Scammers carefully cultivate ...
When someone reaches out online with kindness, it feels natural to respond—especially when that connection grows into friendship or even romance. Unfortunately, it may be the start of a cruel scheme ...
Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 and ...
A Cambodian “pig butchering” scam ring has been relieved of $15 billion in Bitcoin courtesy of the Department of Justice, according to a DOJ press release issued on Tuesday. The scam’s alleged ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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