Kansas Insurance Department Warns of Pig Butchering Scams

Contrary to the name's implication, these scams don't involve pork

Kansas Insurance Department Warns of Pig Butchering Scams
Kansas Insurance Department Warns of Pig Butchering Scams

Topeka, Kan. – You have heard of the Nigerian prince scam, but you probably do not associate the term “pig butchering” with investment fraud. Like a hog fattened before the slaughter, perpetrators of these scams slowly build trust with their targets before “butchering” them with a final fraud and walking away with the victim’s hard-earned money. The Office of the Kansas Securities Commissioner, a …