Pig butchering scam
Months of warmth, then a trading platform that pays out beautifully until you try to withdraw.
How it works
It begins with a wrong number, a dating match or a friendly professional connection. Weeks of genuine-feeling conversation build trust before investing is mentioned casually, framed as something they do for family. You are guided to a slick app showing steady gains. Small withdrawals succeed to prove it works. When you commit real money, withdrawal requires a tax, a fee, or a minimum balance — each one paid brings another. The platform is a display; the money left on the first transfer.
Red flags
- An online-only relationship that steers towards investing
- A trading platform they introduced, not one you searched for
- Screenshots of impossible, unbroken returns
- Fees or taxes demanded before you can withdraw your own money
Real-world example
"My uncle manages a gold futures desk and lets family in on his signals. I made $8,400 this month. Start with $500 and I will walk you through every trade."
What to do
- 01Stop sending money the moment a withdrawal costs a fee. Nothing is recoverable by paying more.
- 02Check any platform against your national regulator's register.
- 03Reverse-image search their photos and never invest on a stranger's guidance.
- 04Report to the FBI IC3 or Action Fraud, and tell someone you trust — shame is the scam's best protection.
Related scams
Got a message that looks like this?
Paste it into the detector for a personalised analysis and next steps.
Open the detector