‘Pig butchering’ scams are on the rise
IN THIS ARTICLE
- Banking & Finance Topic
- Mike Harris Author
By Mike Harris Friday, November 10th, 2023
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…