Articles for tag: cryptocurrency schemes, cyber fraud, Interpol, online scams, organized crime, romance baiting, victim support

Market News

INTERPOL Advocates “Romance Baiting” Terminology Over “Pig Butchering” in Scam Awareness Efforts

On December 18, 2024, INTERPOL announced a shift in terminology from “pig butchering” to “romance baiting” to describe online scams that exploit victims through fake romantic relationships, tricking them into investing in phony cryptocurrency schemes. This change aims to address the stigma surrounding victims and encourage them to report these crimes. The term “pig butchering,” ...

Market News

INTERPOL Advocates “Romance Baiting” Terminology Over “Pig Butchering” in Scam Awareness Efforts

INTERPOL is advocating for a shift in terminology regarding online scams, urging the use of “romance baiting” instead of the term “pig butchering.” This change aims to reduce the dehumanization of victims, encouraging them to seek help rather than feeling ashamed. Romance baiting refers to scams where victims are manipulated into investing in fake cryptocurrency ...

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