Cezary Podkul offers guidelines to avoid falling prey to an on-line “Pig Butchering” con. Here’s the opening of his article; follow the link for a detailed analysis of how the scam is worked:
If you’re like most people, you’ve received a text or chat message in recent months from a stranger with an attractive profile photograph. It might open with a simple “Hi” or what seems like good-natured confusion about why your phone number seems to be in the person’s address book. But these messages are often far from accidental: They’re the first step in a process intended to steer you from a friendly chat to an online investment to, ultimately, watching your money disappear into the account of a fraudster.
“Pig butchering,” as the technique is known — the phrase alludes to the practice of fattening a hog before slaughter — originated in China, then went global during the pandemic.
Via the Progressive Populist.
(Broken link fixed.)