China Unleashes Crackdown on ‘Pig Butchering.’ (It Isn’t What You Think.)
China #China
Updated Nov. 5, 2023 12:01 am ET
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It’s called “pig butchering.”
Armies of scammers operating from lawless corners of Southeast Asia—often controlled by Chinese crime bosses—connect with people all over the world through online messages. They foster elaborate, sometimes romantic, relationships, and then coax their targets into making bogus investments. Over time, they make it appear that the investments are growing to get victims to send more money. Then, they disappear.
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