What is the Pig Butchering Scam, due to which Meta banned more than 20 lakh accounts; how to avoid it

Meta has banned more than 20 lakh accounts linked to pig butchering scams. Under this scam, scammers make people victims of fraud by winning their trust.

Meta has recently banned more than 2 million accounts. The reason for this is a scam called Pig Butchering. It has become one of the most common scams among the reported scams. To stop this, Mark Zuckerberg's company Meta has taken an important step and banned millions of accounts. Let's know what is Pig Butchering Scam, due to which Meta banned so many accounts.

Meta banned so many accounts

According to an official blog post, Meta has closed more than two million accounts related to fraudulent activities. These accounts were from countries like UAE, Laos, Myanmar, Cambodia and Philippines.

What is Pig Butchering Scam?

For your information, let us tell you that in Pig Butchering Scam, scammers first win the trust of people by making online friendship and then make them victims of their fraud. They ask them to invest money in a false investment scheme. Mostly these schemes are related to cryptocurrency. These scammers win the trust of people and lure them to earn money and as soon as they invest, they disappear after defrauding all the money.

This is how they make people their victims

Such scammers contact people through social media, dating apps or text messages. This type of scam is run by not one or two but big criminal gangs. These gangs are mostly from Asia. For your information, let us tell you that these gangs take people with them from countries like Cambodia, Laos and Myanmar by luring them with jobs and then force them to cheat people by taking money. According to the report of 2023, about 3 lakh people were trapped in these gangs.

Ways to avoid scams

To avoid such scams, do not trust unknown people. Especially do not trust people you meet through social media.

Before investing anywhere, do a thorough investigation.

If you think any scheme is different or more beneficial, then first investigate it properly.