At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into travelling to Thailand for an ...

“Pig butchering” is every bit as brutal as it sounds. In the world of cryptocurrency investment fraud, the term refers to a slow, methodical scheme built on deception. Scammers carefully cultivate ...

Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 and ...

There is no silver lining for a victim who suffers a financial fraud attack, but federal tax law may provide a degree of relief. Financial fraud is a serious concern for all businesses and individuals ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The US Department of the Treasury and the UK’s Foreign, Commonwealth, and Development Office (FCDO) have jointly taken action to address a pig butchering operation in Cambodia. Among the Prince ...

As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...

In 2024, the cryptocurrency industry witnessed an unprecedented surge in scams, with revenues potentially reaching a record-breaking $12.4 billion, according to blockchain analytics firm Chainalysis.