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 ...
Add Yahoo as a preferred source to see more of our stories on Google. When someone reaches out online with kindness, it feels natural to respond—especially when that connection grows into friendship ...
Question: I’m trying to protect my parents from scammers - what are some scams targeting older people?Answer: Older adults are often a prime target for scammers, and it’s not just by chance. They tend ...
Stream Connecticut News for free, 24/7, wherever you are. Hanes, 53, also swindled funds from a local church and investment club — and a daughter's college savings account — to transfer money, ...
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Pig butchering scams rob investors of $5.5B, possibly the biggest threat to retail investors
Onchain security firm Cyvers revealed that pig butchering scams were one of the most pervasive threats to crypto investors, with losses reaching $5.5 billion in 2024. The report also indicated that ...
As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...
I just finished speaking to a room of 550 seniors. Two of them had already lost a staggering $600,000 to this scam. It’s heartbreaking. And it’s happening right now. If we don’t act, this could become ...
Many scams target older adults who may be more trusting and less familiar with technology. Red flags of a scam include urgent requests, demands for unusual payment methods, and poor grammar or ...
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers who had duped ...
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