Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

On Wednesday, June 18, the U.S. Attorney’s Office announced it had seized $225 million in cryptocurrency connected to pig butchering scams. The seizure involves funds stolen from 400 victims worldwide ...

… but our independent journalism isn’t free to produce. Help us keep it this way with a tax-deductible donation today. At the beginning of 2025, panic about fraud and human trafficking erupted on ...

At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into traveling to Thailand for an ...

There is no silver lining for a victim who suffers a financial fraud attack, but federal tax law may provide a degree of relief. Financial fraud is a serious concern for all businesses and individuals ...

Law enforcement seized $200,000 belonging to a Massachusetts victim who wired more than $500,000 into a suspected fake crypto ...

Q: I’m trying to protect my parents from scammers – what are some scams targeting older people? A: Older adults are often a prime target for scammers, and it’s not just by chance. They tend to have ...

The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold and is prompting concerns over national security. In a podcast, Chainalysis ...

Chinese criminal syndicates have industrialized pig-butchering romance scams across Southeast Asia, turning fraud into a ...

Bing Han does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...