Las Vegas (KSNV) — With the continued rise of online scams, the Las Vegas Metropolitan Police Department is warning residents of another sophisticated scam that is targeting vulnerable individuals that also involves cryptocurrency.
The online scam is known as the “Pig Butchering” scam. The scam involves “fattening up” their victims by building trust through fake online relationships or selling the victim’s investment opportunities, only to “butcher” them or in other words, steal the victim’s hard-earned money.
LVMPD broke down how the scam works on their ‘X’ account:…