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A TEXT SCAM CALLED ‘PIG BUTCHERING’ COST HER MORE THAN $1.6 MILLION


SCAMMERS SWINDLE PROFESSIONALS WITH FRIENDSHIP TO GENERATE FAKE CRYPTOCURRENCY
INVESTMENTS

By
Robert McMillan
Oct. 20, 2022 5:30 am ET

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The text message on Jane Yan’s mobile phone came from a number she didn’t
recognize. “Are we going to the salon tonight?” It looked like the kind of
mistake that can happen any day.

In fact, it was part of a continuing scam that cost U.S. victims more than $429
million in losses last year, according to the Internet Crime Complaint Center,
the Federal Bureau of Investigation’s clearinghouse for consumer complaints
about online crime.


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to silence spam callers as well as some third-party apps that can help block
unwanted calls. Illustration: Michael Ray


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