Trump's Truth Social platform targeted by financial scams, particularly "pig butchering."

Truth Social, founded by Donald Trump, has become a target for financial scams, particularly the "pig butchering" method, where scammers deceive users into investing large sums of money. Many victims, primarily older Trump supporters, report losing significant amounts, with some losing hundreds of thousands of dollars. Despite claims of active scam monitoring by Truth Social, complaints to the FTC reveal ongoing exploitation of its user base.

October 05, 2024
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