Happy Valentine’s Day. Don’t let romance scams — which ramp up around the holiday and are at an all-time high — break your heart.
These scams cost Americans $3 billion last year alone. That’s almost certainly an undercount, given victims’ particular reluctance to report that they’ve fallen for such ruses.
Many romance scams fall under the umbrella of so-called “pig-butchering” scams, in which fraudsters build relationships with and gain the trust of victims over long periods of time. The moniker is a crude reference to fattening up a pig before the slaughter — and they go for the...
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