Podknife - Pig Butchering: A Texting Scam With a Crypto Twist by The Journal.

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Pig Butchering: A Texting Scam With a Crypto Twist

Podcast |: The Journal.
Publisher |: Gimlet,; The Wall Street Journal
Media Type |: audio
Podknife tags |: Business,; Business News,; News & Politics
Categories Via RSS |: Business News,; Daily News,; News
Publication Date |: Nov 02, 2022
Episode Duration |: 00:24:41

A texting scam that originated in China is on the rise in the United States. It’s more sophisticated than scams of the past and it has already cost American victims more than $400 million in total. WSJ’s Robert McMillan explains how pig butchering works and one victim shares how it’s impacted her. Further Reading: -A Text Scam Called ‘Pig Butchering’ Cost Her More Than $1.6 Million -Online Scams Cost Americans Billions. Here’s How to Avoid the Worst of Them. Learn more about your ad choices. Visit megaphone.fm/adchoices

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