“I have never seen so many people determined to liquidate their entire net worth.” – a financial advisor speaking about targets of pig butchering scams. 

Many people object to the term “pig butchering” because it dehumanizes the victims. The phrase entered the lexicon because the perpetrators of this long con take the time to “fatten up” their targets for financial slaughter — and because they leave no asset unconsumed. Over the past two years, investment scams, including pig butchering, were the costliest scheme reported to the FBI’s Internet Crime Complaint Center (IC3).

Because of the use of crypto, ties to transnational organized crime and the shame that keeps victims from reporting it, pig butchering scams are among the most difficult to investigate and prosecute. This interactive workshop, designed for law enforcement and financial professionals, will give both sectors the tools to help disrupt, prosecute and, most importantly, prevent this trillion-dollar financial crime.

You will learn how to:

• Educate front-line employees and local law enforcement agencies about typologies so that scams can be prevented or accurately reported

• Adapt existing institutional strategies against elder abuse to fight pig butchering, even though the victims are not always older customers

• Set realistic expectations for fraud victims

• Build partnerships between financial institutions and law enforcement and understand how organizations like the Crypto Coalition can help

Who Should Attend

• AML/BSA Specialists

• Fraud Analysts

• Financial Crimes Investigators

• Risk Managers

• Compliance Officers

• Fraud Prevention Specialists

• Fraud Detection Analysts

• Fraud Operations Managers

• Compliance Officers

• Law Enforcement

*Separate registration required. Please inquire with your Account Representative.