In today's episode of Scam DamNation, host Lillian Cauldwell delves into a global cryptocurrency scam known as Pig Butchering. Scammers use this tactic to swindle their victims by contacting them through romance websites, social media platforms, or via text messages. They build trust, set up fake financial accounts, and persuade their victims to invest large sums of money in bogus financial ventures.
To protect yourself, avoid responding to unknown texts or messages on your phone or email. Instead, delete or block them—both Android and iPhone offer blocking options, which you can find through a quick Google search. If you feel pressured, disconnect immediately and contact your local police department, the FBI, and your bank. Remember, they are trying to take your hard-earned money. Stop them in their tracks!
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