The so-called pig butchering scam is one of the fastest-growing forms of online fraud. Originating in Asia but now spreading worldwide, these scams have stolen billions from unsuspecting victims.
The name is cruel but telling: scammers “fatten up” their victims with trust and fake profits — then butcher them financially.
Here’s how it works, the warning signs, and what you can do if you’ve been targeted.
How the Pig Butchering Scam Works
- The Approach – Usually starts with a random text, social media message, or dating app connection. The scammer pretends to be friendly, often attractive, and builds rapport.
- The Grooming Phase – They talk for weeks or months, creating trust. They may share fake personal details, pictures, and stories.
- The Hook – Eventually, they introduce a “great investment opportunity,” often crypto trading.
- The Illusion of Profit – Fake apps/websites show rising balances. Victims are encouraged to invest more.
- The Butchering – Withdrawals suddenly fail. Scammers ask for “taxes” or “fees.” Then they disappear, leaving the victim broke.
Red Flags to Watch For
- Random messages from strangers asking “Did I message the wrong number?”
- New online friends who quickly bring up investments.
- Platforms that show profits but always delay withdrawals.
- Requests for secrecy — “don’t tell anyone yet.”
What to Do If You’re a Victim
- Stop all contact immediately.
- Save every detail — messages, transaction IDs, wallet addresses.
- Report it — FBI IC3, Action Fraud, or local cybercrime units.
- Seek professional help — tracing crypto requires forensic tools most individuals don’t have.
At ForteClaim, we’ve helped pig butchering scam victims recover funds by working with exchanges and legal networks worldwide. While no recovery is guaranteed, acting quickly increases your chances.
Final Thoughts
Pig butchering scam thrive on time and trust. The longer they fatten victims up, the more money they take. Awareness is the first defense — action is the second.
If you’ve been affected, know this: you are not alone, and recovery is possible.
read more on reddit