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Pig Butchering Scam
March 2 , 2025
243 days
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- The government has issued an alert about a new cyber fraud scheme called the ‘pig butchering scam.
- The new online fraud module is known as ‘Pig Butchering Scam’ or ‘Investment Scam’.
- It targets unemployed youth, students, and vulnerable individuals.
- Victims not only lose money but are also forced into cyber slavery.
- It is believed that such fraud first originated in China in 2016.
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