Beware of pig butchering scams

The Kansas Insurance Department (KID) recently issued a warning against one of the fastest growing investment frauds in the US – pig butchering scams. While these types of scams have nothing to do with pork, the name derives from the practice of fattening a hog before the slaughter. Scammers slowly build trust with their targets before “butchering” them with a final fraud and walking away with…

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