Pig butchering scam
| Pig butchering scam | |||||||
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| Simplified Chinese | 杀猪盘 | ||||||
| Traditional Chinese | 殺豬盤 | ||||||
| Literal meaning | Killing pig plate | ||||||
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A pig-butchering scam is a form of online relationship and investment fraud in which perpetrators cultivate fake romantic or social relationships with victims before persuading them to invest money, often in fraudulent cryptocurrency schemes. Law enforcement agencies have increasingly referred to the practice as romance baiting. Such scams are commonplace on social media and dating apps, and often involve elements of catfishing, investment fraud, and romance scams.