Tag Archives: pig butchering

Fox Business reports: A Florida man has been arrested after impersonating tech billionaire Elon Musk in a bid to scam an elderly woman out of at least a quarter of a million dollars, according to police. Jeffrey Arthur Moynihan Jr. was arrested at his Bradenton home Tuesday night and charged with grand theft. While reportedly operating under the guise of …

NBC News reports: Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances. Pig butchering scams are elaborate and often take months to unfold. Scammers will patiently strike up an online friendship or romantic relationship with a victim, eventually guiding …