Avoid the traps of financial scammers

Nebraska is seeing an increase in a type of scam tied to cryptocurrencies and social media called “pig butchering.”

This has nothing to do agriculture; it’s a scam initially developed by criminal organizations in China in which scammers develop a relationship with their victims over a long period of time to repeatedly steal money.

This form of fraud is also known as a relationship scam, financial grooming, or confidence scam.

How Pig Butchering Works

Scammers often initiate contact by sending a “wrong number” text, email, or social media message – or by reaching out through a dating app. They...