Pig Butchering Scams

Butcher diagram of a pig illustrating the the components of this type of scam

What Is a Pig Butchering Scam?

Pig Butchering is a term or metaphor that describes a scam perpetrated over a long period of time to steal the victim’s money repeatedly via online apps. Also known as “Killing Pig Plate” or “Sha Zhu Pan,” this scam started in China around 2019 and victims have lost millions worldwide.

Background

This scam was developed by Asian organized crime groups/gangs and initially targeted individuals in China then moved to the United States.

Scammers are human trafficking victims who are forced to perpetuate this scam for money or other financial opportunities
Official training with procedure manuals is used to execute scam
It is one of the leading scams reported to the FBI and is still underreported

Don’t Be a Victim

Have you been using social media apps that you don’t understand?
Did you give/share your personal or financial information with someone you just met?
Did you invest with an online app and can’t get your money back?

We Are Here to Help

Do you think you are a victim of a Pig Butchering scam, financial fraud, or investment fraud?
Act quickly, get help, and stop any wiring/transferring of money or cryptocurrencies.
Make detailed notes and keep all documentation relating to the transaction.
Call your local police, law enforcement office, or the NMRLD Securities Division (505-476-4580) to file a report.