Tuesday, October 27
A new online scam called "pig butchering" is targeting more and more vulnerable people in India, including unemployed youth, housewives, students, and those in need, news agency PTI reported on January 2 citing the Union Home Ministry's annual report. The scam, also known as an "investment scam," tricks people into losing large sums of money.Cybercriminals are using Google's advertising platform to target potential victims, the report said. "Google Advertisement platform provides a convenient facility for targeted advertisement from across the border. This scam, known as 'Pig Butchering Scam' or 'Investment Scam' is a global phenomenon and involves large-scale money laundering and even cyber slavery," the report stated.Where "pig butchering" originatedThe scam, originating in China aroun
