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Three LA residents arrested for "pig butchering" scam, netting $13M in investment fraud.
Three residents of Los Angeles County were arrested for their involvement in "pig butchering" investment scams, which trick victims into investing in fake opportunities.
The schemes are reported to have defrauded victims out of a total of $13 million.
"Pig butchering" refers to romantic scams where fraudsters build trust before defrauding victims financially.
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Tres residentes de Los Ángeles arrestados por estafa de "carnicería de cerdos", lo que generó $ 13 millones en fraude de inversión.