State Officials Warn Residents About ‘Pig Butchering’ Scam

(Bismarck, ND) — North Dakotans should be mindful of a so-called pig butchering scam. The scams entice victims to believe they get big returns through long-term investments. Using artificial intelligence, scammers contact victims through email, text, and online chatbots to seem more credible. The goal is to eventually gain access to victims’ accounts to steal their money, or to trick them into voluntarily giving up their money through faulty investments. Authorities say over six-billion-dollars is lost annually due to the pig butchering scams.

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