NY Attorney General Warns of ‘Pig Butchering’ Investment Scams

'Pig butchering' or investment scams. How to spot them before it's too late

Scammers will sometimes spend months gaining the trust of victims before cashing out, experts said.

NY Attorney General warns of ‘pig butchering’ investment scams

New York Attorney General Letitia James issued a consumer alert Tuesday, warning residents about “pig butchering” scams.

NY Attorney General Warns of ‘Pig Butchering’ Scams as Crypto Fraud Losses Surge

New Yorkers face escalating “pig butchering” investment scams draining life savings through fake crypto platforms, prompting Attorney General Letitia James to issue a stark warning and prevention guide as fraudsters deploy increasingly sophisticated digital tactics. ‘Pig Butchering’ Scams Cost Victims Thousands to Millions, NY AG Says Consumer protection efforts continue to target evolving financial fraud […]

Attorney General James Warns New Yorkers About "Pig Butchering" Scams

Anatomy of how a pig butchering scam works New York Attorney General Letitia James today issued a consumer alert and an online guide to protect New Yorkers from “pig butchering” scams, in which fraudsters befriend victims under false pretenses and convince them to make fraudulent investments. Scammers use the phrase “pig butchering” to refer to their schemes […]

NY AG issues alert on crypto-based pig butchering scams

New York Attorney General Letitia James warns that scammers are coaching victims to bypass bank security and using "second act" schemes to steal more.