Meta removes 2 million accounts related ‘pig-butchering’ scams
Major tech companies like Meta are taking action against pig butchering scams, which defraud Americans of billions of dollars year by creating phony online romances and friendships.
Scams involving the butchering of pigs are complex and frequently take months to develop. In order to eventually persuade a victim to invest in complex fictitious cryptocurrency companies, scammers would carefully establish an online friendship or love relationship. Before understanding it was all a hoax, victims sometimes give away all of their savings because they believe they have discovered a means to get wealthy.
On Thursday, Meta said it had taken the first significant efforts to combat the scams, including removing over 2 million accounts this year, assigning employees to find the whereabouts of scammers...