Meta said Thursday it removed more than 2 million accounts linked to “pig-butchering” investment schemes that leave victims out of large sums of money.



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Meta removes 2 million accounts accused of ‘pig butchering’ scams

The Hill

Washington

District of Columbia

United States

Meta said it removed more than 2 million accounts this year alone that sought to trick internet users into putting their money into fake investment schemes.

Ad Fontes Media

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The Washington Post

Jeff Bezos

Meta removes millions of accounts pushing ‘pig butchering’ investment scam

Meta said Thursday it removed more than 2 million accounts linked to “pig-butchering” investment schemes that leave victims out of large sums of money. These pig-butchering fraud schemes are usually long-term cons, in which scammers pose as friendly or romantic individuals or government or business representatives who ultimately manipulate victims into depositing money into an…

Nexstar Media Group

The accounts were traced to scam centers, mostly in Southeast Asia, that use forced labor to steal millions of dollars from victims around the world.

c|net

Red Ventures

New York

Meta Removes Over 2M Accounts Linked to Pig Butchering Scams

Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances.

NBC News

Roberts family

Meta removes 2 million accounts related 'pig-butchering' scams

Meta said it has taken down more than 2 million accounts associated with such scams this year and that its effort to work with other companies to take down fraudsters has had some success.

Engadget

Verizon Communications

Meta says it’s taken down 2 million accounts linked to ‘pig butchering’ scams

The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.

Wired

Advance Publications

Ma Huateng

Naspers

Meta Finally Breaks Its Silence on Pig Butchering

Facebook and Instagram parent company Meta has taken down millions of accounts this year linked to overseas scam centers that enable a kind of cyber-related, fast-growing fraud known as “pig butchering,” the social media giant said Thursday. The account takedowns are part of a multifaceted Meta strategy to combat scams that have cost U.S. victims billions of dollars of losses in recent years, and the result of two years’ worth of efforts from th…

Meta removes 2 million accounts accused of ‘pig butchering’ scams

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