Pig butchering scam
Quick answer
A long-running scam that builds a relationship before steering you into a fake investment.
- Treat investment advice from new online contacts with caution and never pay fees to withdraw.
What it is
A long-running scam that builds a relationship before steering you into a fake investment.
How it works
The scammer invests weeks in friendship or romance, then introduces a 'great' crypto or trading platform that shows fake profits and blocks withdrawals.
Red flags to watch for
- A new online friend steering you to invest
- A platform showing profits but blocking withdrawals
- Pressure to invest more to 'unlock' funds
- Withdrawal taxes or fees
What not to do
- Do not act under time pressure
- Do not share codes, passwords, or card details
- Do not click links or pay fees from the message
The safe next step
Treat investment advice from new online contacts with caution and never pay fees to withdraw.
Often seen on: SMS, Email, WhatsApp, Social media.
Commonly targets: Dating-app users, New investors.
How to verify safely
- Do not use links, phone numbers, QR codes, or email addresses from the suspicious message.
- Open the official app or website yourself - type the address manually.
- Call a contact you have saved, or the number printed on your bank card.
- If you are threatened or in immediate danger, contact local emergency services or police.
How to report it
Report to your country's fraud or cybercrime authority; see the reporting directory for official links.
Find official links for your country in the scam reporting directory.
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Frequently asked questions
What is a pig butchering scam?
A long-running scam that builds a relationship before steering you into a fake investment.
How can I avoid a pig butchering scam?
Treat investment advice from new online contacts with caution and never pay fees to withdraw.
What should I do if I have already been affected?
Contact your bank or the relevant provider through official channels, change any exposed passwords from a trusted device, and save evidence. See our recovery guides, and be wary of recovery scams that promise to get your money back for a fee.