Cyber fraud called ‘pig butchering scam’ targeting unemployed youths, housewives, students: MHA report

A new cyber fraud known as “pig butchering scam” or “investment scam” has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.

The report said that cyber criminals have also been using Google services platforms to initiate these crimes.