What Is Pig Butchery?
Key Points:
- A new scam uses the ancient art of persuasion to steal from you.
- From this strategy, you will follow a scammer anywhere.
- Here’s the 10-step Pig Butchery structure process she used.
- Messages from Jessica convinced Cy to hand over $1,000,000.
- Stay alert! This scam destroys! Warns Alvarez Technology Group.
The art of persuasion comes in many forms. That ancient manipulation technique has found a new scam that steals from trusting victims. Instead of a friendly handshake, the scammer sends you a text pretending they know you and keeps the conversation rolling along.
Before you know it, they have gained your confidence and uncovered things about you; you’d never tell a stranger, or would you? Ultimately, the scammer has taken your money, information, and trust. Luis talks in greater detail about this latest scam in today’s video.
What Does Pig Butchery Mean?
The catchphrase “Pig Butchery” means fattening the hog for slaughter. The more you care for the animal, and give it what it wants, when it wants it, it will look to you and trusts only you.
When it’s time to transport the pig to a butcher or slaughterhouse, the creature willingly follows your commands. The hog does what you tell it to do without struggling or resisting to its end.
That is the same type of strategy scammers use to target individuals. They get to know you, flatter you, stroke your egos or empathize with you to gain your trust.
How Is The Pig Butchery Scam Structured?
Highly successful scams have a well-defined scripted structure in place. When correctly initiated and followed, it generates countless thefts for them. That structure is so effective that these scam artists have stolen millions upon millions of dollars from unsuspecting victims worldwide.
Below is the 10-step Pig Butchery scam’s structure process:
- Create a fake identity
- Initiate contact
- Win the target’s trust
- Get them signed up
- Persuade them to invest
- Provide legitimate proof
- Suggest they invest more
- Cut them off when refusing
- Offer hope if they reinvest
- Leave victim once scam exposed
Remember these ten steps the next time you receive a message from an unknown number. Cy, unfortunately, did not when he started getting messages from Jessica.
Jessica’s Messages Convinced Cy To Give Her $1,000,000
The conversation began on Cy’s WhatsApp account in October 2021. Supposedly someone from his past named “Jessica” found his number from an old contact list she had. The imposter contacted Cy, stating they might be old colleagues and wanted to reconnect.
Although initially hesitant, Jessica’s kindness and politeness would win him over. Over the next few months, the conversations became more personal. That quickly made Cy open up to Jessica about family and financial struggles and sending his ailing father into hospice care.
When all seemed hopeless, Jessica told Cy that she was making a lot of money by trading on MetaTrader and could help him get started immediately. He was excited because he could help his family and accepted Jessica’s offer. But, soon, that trust vanished, and so did his money.
The 52-year-old man had believed and trusted that Jessica could help him make money fast to help support his family. Sadly, by December 2021, Cy was swindled out of $1M, and about $250,000+ was from borrowed money. In less than three months, he became another pig butchery scam victim.
Stay Alert! This Scam Destroys!
The latest scheme, “Pig Butchery,” is another social engineering scam. Like phishing, baiting, and vishing, these scammers prey on unsuspecting victims they’ve groomed and built trust with over time. Their fortunes are lost, and a scammer has moved on to their next victim. Sadly, in the end, their lives are ruined.
Unfortunately, these cybercriminals are hard to stop. They are nearly impossible to locate because many of them live in other countries. That’s why you must stay alert to strange text or app messages you receive from unknown numbers.
At Alvarez Technology Group, we encourage you, your families, friends, and coworkers to remain diligent when receiving messages on any platform. We recommend deleting and blocking the number if you don’t know the person. Contact us today or call Toll Free: 1-866-78-ITEAM to learn more about blocking scammers from contacting you.
