US detains suspects behind $80 million ‘pig butchering’ scheme

December 14, 2023 at 02:54PM Four suspects, including residents of California and Illinois, have been charged by the U.S. Department of Justice in a pig butchering fraud scheme, leading to over $80 million in losses for victims. They are accused of money laundering and operating shell companies to launder profits from cryptocurrency scams, ultimately siphoning … Read more