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TDCI's Securities Division Urges: Protect Your Investments from "Pig Butchering" Scams

The Tennessee Department of Commerce & Insurance’s (“TDCI”) Division of Securities is warning Tennessee consumers about the prevalence of so-called "Pig Butchering" scams.  
Pig Butchering is a term or metaphor that describes a scam perpetrated over a long period of time in order to steal a victim's money repeatedly via online apps. Also known as "Killing Pig Plate" or "Sha Zhu Pan," these financial scams started in China around 2019 and can have disastrous finan . ....

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