Romance Fraud: Why "Pig Butchering" and Other Scams Are on the Rise

27 Jun 2023 12:43 PM | Anonymous member (Administrator)

The British consumer protection magazine Which? recently identified some of the most convincing and successful scams of 2023, which included "pig butchering" (described below), the "missing person scam,” and the “fake app alert.” These scams insidiously take advantage of various psychological attributes and cognitive strategies, including weaknesses, blind spots, biases, and heuristics, to infiltrate defenses and successfully scam consumers.

https://www.psychologytoday.com/gb/blog/the-fraud-crisis/202306/pig-butchering-and-other-scams-on-the-rise

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