'Pig Butchering' financial scams
Have you ever wondered if you’ve been targeted by a Pig Butchering scam?
Service Description
What exactly is a "pig butchering" scam? While the name might seem unusual, it represents a serious and sophisticated financial crime that disproportionately affects seniors. In this scam, fraudsters use a calculated strategy: they first invest time in building trust and rapport with their target, this is the "fattening" stage. Once that trust is established, they move to the "butchering" phase, convincing victims to hand over their savings. The scale is significant. According to combined data from the FBI and RCMP, over 4,000 related fraud reports were filed in North America in 2023, with average losses exceeding $100,000 per incident. Understanding the tactics behind this scam is the most effective step toward preventing it. This course will provide you with that essential knowledge.