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Was curious of the etymology of name of the scam: > The term comes from fraudsters referring to their victims as 'pigs' – those they gradually 'fatten up' by l
by nomilk 1y ago
Was curious of the etymology of name of the scam:
> The term comes from fraudsters referring to their victims as 'pigs' – those they gradually 'fatten up' by luring them into a fake romance or friendship before 'butchering' them by convincing them to invest, often in fake cryptocurrency schemes.
Source: https://www.interpol.int/en/News-and-Events/News/2024/INTERPOL-urges-end-to-Pig-Butchering-term-cites-harm-to-online-victims#:~:text=The%20term%20comes%20from%20fraudsters,often%20in%20fake%20cryptocurrency%20schemes. https://www.interpol.int/en/News-and-Events/News/2024/INTERP...
- bondarchuk 1y agoOh, I had never gotten the "fatten up" part of the analogy before.