What is pig butchering scam that is targeting users on WhatsApp, Facebook and other social media platforms

A new cyber fraud scheme, commonly referred to as the “pig butchering scam” or “investment scam,” is targeting vulnerable groups such as unemployed youths, housewives, students, and financially distressed individuals. According to the Union Home Ministry’s latest annual report, victims are being manipulated into losing significant sums of money daily.

What is pig butchering scam

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