In this scam, the crooks view their victims as pigs that can be tempted and tricked into turning over their life savings.
According to prosecutors, a Facebook user convinced him to invest in a crypto scheme that did not exist after cultivating an online romance with the man.
Scammers are targeting victims through social media, dating apps, and texts, using fake relationships and cryptocurrency investments to steal money.
Futurism on MSN
Scammers Tremble as AI Comes for Their Jobs
"They just had absolutely no idea." The post Scammers Tremble as AI Comes for Their Jobs appeared first on Futurism.
The Cool Down on MSN
Study finds AI chatbot nearly doubled scam success against human con artists
Even after recognizing the AI, many participants still followed through.
“Pig butchering” — originating from the Chinese phrase sha zhu pan, a metaphor for fattening a victim before slaughter — isn’t a quick hustle. A scammer builds a relationship over weeks or months, ...
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