"Pig butchering is a scam where someone is contacted electronically and asked to turn over money, usually cryptocurrency, with the promise of being repaid in full or more. Sometimes the scammers say the money is going to an urgent need, like life-saving surgery.
The victims are called “pigs” because scammers will “fatten them up” with emotional pleas and even allow what appears to be a genuine bond to form before asking for money.
Sometimes they will ask for and receive money from the same victim multiple times.
It’s prevalent in the online dating world. Shreya Datta told NewsNation she lost $500,000 to someone she conversed with on the dating app Hinge.
“I thought it was definitely the beginnings of a very deep romantic connection,” Datta explained. “Now, you have to understand that the scammers are very sophisticated. I wasn’t scammed by a person. I was scammed by an organization. So they have the perfect script to psychologically kind of hack you and they have the technology to make it seem very believable.”
The pajeeta is the one getting scammed?
I HATE IT WHEN WE ENTER THE WEIRD TIMELINE