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Inside the Online Marketplaces That Enable ‘Pig Butchering' Scams
In January 2023, a 67-year-old man in North Carolina received a text message from a woman named Jeanie. She said she lived in Miami and worked in fashion design. Though they never met in person, an online romance quickly blossomed.
By August, Jeanie had disappeared with $3.4 million of the man's savings—a textbook example of 'pig butchering,' in which scammers build victims' trust and walk away with their money.
