November 12, 2024
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‘Pig butchering’ scams are on the rise

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A crypto ATM in a Santa Barbara store. (courtesy photo) Santa Barbara-based American Riviera Bank is aiming to raise public awareness about new cryptocurrency investment frauds called “pig butchering” scams. “We have seen an increase in these types of devastating scams lately, and we will remain vigilant in combating them,” Laurel Sykes, the bank’s executive…

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