Pig Butchering Scams
- Pig Butchering Scams are on the rise globally including in India. It is a type of online financial fraud.
- It is also known as a “sha zhu pan” scam. It is a type of online investment fraud.
- The term “Pig Butchering” refers to the scammers’ practice of “fattening up” their victims with trust before ultimately “slaughtering” them—extracting their money through deceitful means.
- Scammers often initiate contact through social media or online dating platforms, where they gradually build rapport and trust with their victims.
- Scammers employ persuasive tactics, promising high returns or other incentives to convince victims to invest in fraudulent schemes or ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 Regional Power Conference with North Eastern States
- 2 President Droupadi Murmu Visits Slovakia
- 3 Cabinet Committee on Security (CCS)
- 4 India VIX
- 5 SAARC Visa Exemption Scheme
- 6 DigiLocker
- 7 SEFCO-2025
- 8 Goods and Services Tax Appellate Tribunal (GSTAT)
- 9 Index of Industrial Production (IIP)
- 10 Tax Collected at Source
