Beware the 'pig butchering' crypto scam sweeping across America | CNN Business

The FBI says America has a “pig butchering” problem. And it’s costing victims millions of dollars. “We’re not talking about what’s going on at farms,” said Frank Fisher, public affairs specialist at the bureau’s Albuquerque division. “We’re talking about a cryptocurrency investment scam that is sweeping the country.” The term pig butchering refers to an unsuspecting victim — the “pig” — being tricked by scammers into forking over money for a promised high rate of return.

“Be very careful when you go on social media and dating apps and somebody starts developing a relationship with you, and wants you to start investing,” says the FBI’s Fisher. “Don’t get butchered.” ‘Another dead ringer’ As shoppers spend billions online this holiday season, the FBI says it has also seen a rise in scams involving the mega-retailer Amazon. “Online criminals’ scams are only limited by their imagination, and they have an impeccable sense of timing,” says Fisher.

Here’s what you do. STOP FALLING FOR GET RICH QUICK SCHEMES!!!

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Thats why people should only trust Chartered Financial Analysts or well known Pros like Ray Dalio with their money not jus random people.

And also, beware of crypto, a scam sweeping across America

bitcoin and crypto are different BTC was created to fight central bank monopoly and fiat. Cryptos are scams invested by venture capitalist to trick and Rob the public.

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