Singaporeans fall prey to Chinese-origin ‘pig-butchering’ crypto scam



Victims in have lost more money to bogus investment schemes than any other ruse in the last three years, especially falling prey to Chinese-origin “pig-butchering” scam, losing SGD190.9 million last year, over five times the SGD36.9 million in 2019.


Fraudsters spend months cultivating a relationship with the…

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News Source: https://www.business-standard.com/article/international/singaporeans-fall-prey-to-chinese-origin-pig-butchering-crypto-scam-122022000107_1.html

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