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The Department of Justice seized over $8 million from romance scammers after tracing the money to cryptocurrency wallets.
The scammers, frequently based in Southeast Asia, slowly gain the trust of their targets and then convince them to give money ...
FBI Norfolk is putting out the warning about a scam called called "pig butchering." It has to do with scammers first building trust with a victim and using that trust to clean out bank accounts.
The scams, also known as pig butchering, have raked in billions, often for fraudsters based in China, according to James Barnacle, an FBI deputy assistant director. (Credit: Velishchuk via Getty ...
Maryland woman lost $3 million in crypto "pig butchering" scam as FBI warns of rising cases showing fake 80% profits.
A Maryland woman reportedly lost millions of dollars after falling prey to a growing cryptocurrency scheme largely ...
Nordwall, assistant director of the FBI's Criminal Investigation Division ... One of the most common investment scams is ...
The FBI warns of similar scams, often referred to as "pig butchering," where individuals are manipulated into investing in fraudulent cryptocurrency schemes. An Athens man with a "steady ...