You might be surprised to find out that “pig butchering” is going on in the App Store and Google Play Store but no animals are being hurt. According to BleepingComputer“Pig butchering” is a scam that involves phony websites, malicious advertising, and more. By getting through the App Store and Play Store’s defenses, users have a false sense of security when installing these apps only to get bit in the ass.
Cybersecurity firm Sophos concluded that these attacks are designed to trick male Facebook or Tinder users into installing bogus apps by using fake female profiles with images stolen from other social media sites. These images portray a wealthy lifestyle with photos of exotic locations, five-star restaurants, and high-end retail stores. The fake apps promote phony investment scams.
The scam usually follows a particular script
The scam usually follows a particular script. The “woman” that the target is messaging says that she has an “Uncle” in the investment business and invites the target to install a particular cryptocurrency app on the App Store or the Google Play Store that will allow the target to trade cryptocurrency. After guiding the soon-to-be victim through the process of installing the “fake” app, the “woman” also helps the victim to make a deposit using the legitimate cryptocurrency app Binance and helps the mark transfer the sum to the fake app.
…
