ATLANTA – The FBI’s Atlanta office is warning residents about a spike in scams during the holiday season.
Federal law enforcement officials predict an increase in romance and investment scams this year due, in part, to a rise in “Pig Butchering.” The scam is named after the practice of fattening a pig for slaughter. In this case, scammers build a relationship with a victim online before convincing them to send money or invest in high yield crypto-currency accounts.
The FBI says scammers are targeting victims with messaging and social media apps, as well as phony online shops.
The FBI provide advice for what to do if you think you’re the victim of a scam and how to avoid them altogether.
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