Named after China poultry farmers’ methods, the scam involves luring targets (called pigs for their naiveté) with romance, then financially-slaughtering them

Satnam Narang, Senior Research Engineer, Tenable

Advice to potential victims

To empower individuals in identifying and thwarting pig butchering scams, Narang offered the follow advice on recognizing such scams:

  • Watch out for random, unsolicited messages on messaging platforms followed by requests to move conversations off dating apps
  • Avoid any investment invitations from these chat “friends”, especially when they boast about their great success in cryptocurrency investments and other schemes, or who solicit your funding in purchases (even from legitimate exchanges) for dubious purposes.