4th Floor, 2365 Albert Street
Regina, SK, S4P 4K1
Tel: (306)787-5645
Fax: (306)787-5899
Email:fcaa@gov.sk.ca
For more information on Pig Butchering Scams and how to protect yourself, select one of the options below.
A “pig butchering” scam is a type of long-term investment fraud where scammers build trust with their victims over time, often through social media or messaging apps. They may try to befriend the victim, develop an online romance with them or pretend to be a legitimate investment advisor.
Eventually, the scammer will recommend putting money into an investment opportunity, promising high returns. The scammer will show fake gains on these investments to encourage the victim to invest more. Once the victim has invested a significant amount or asks for a withdrawal, the scammer disappears with the money. The scammers are often part of organized crime rings operating outside of Canada.
These types of scams are referred to as “pig butchering scams” because they are akin to fattening a pig before slaughter.
If you think you have been targeted or are the victim of a pig butchering scam, contact the FCAA’s Securities Division at 306-787-5936.
4th Floor, 2365 Albert Street
Regina, SK, S4P 4K1
Tel: (306)787-5645
Fax: (306)787-5899
Email:fcaa@gov.sk.ca