1QUEENS, NY – Tiffany Yang has been arraigned on charges of grand larceny in the first degree and other related crimes, accused of stealing approximately $2.1 million from 17 victims nationwide through a so-called “pig butchering scam.”

This type of scheme involves scammers establishing relationships with victims under false pretenses, persuading them to invest in fraudulent financial ventures. The FBI’s Internet Complaint Center recorded nearly $6.57 billion in losses from investment scams in the U.S. last year.

Victims were reportedly befriended online and enticed into putting money into fake investments showcased on fraudulent websites. These sites displayed artificial profits to encourage further deposits until victims were locked out as their funds were funneled into accounts associ

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