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Pig Butchering Scam

Facts for Prelims (FFP)

 

Source: LM

 Pig Butchering Scams, also known as “sha zhu pan” scams, involve building trust with victims over time before tricking them into investing in fraudulent schemes. It is a type of long-term scam and investment fraud. For instance, scammers may offer attractive job opportunities or investment plans, creating emotional connections to lower victims’ guard.