Reported about 5 hours ago
Financial scams, particularly the 'pig butchering' scheme, are increasingly common, with perpetrators gaining victims' trust through social media before luring them into dubious investments. This type of scam starts with friendly overtures and promises of significant gains in cryptocurrency, only to ultimately exploit victims for more money. Authorities, including the FBI, urge caution and recommend verifying the legitimacy of such contacts to prevent losses. For those who have fallen victim, there are potential tax deductions available to mitigate financial damage.
Source: YAHOO