Which term describes an investment scam involving long-term deception?

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Multiple Choice

Which term describes an investment scam involving long-term deception?

The concept being tested is the specific term for a kind of investment fraud that unfolds over time through sustained manipulation and deception. A pig butchering scam describes a long-game approach: the scammer builds trust, often posing as a genuine advisor or friend, and gradually coaxes the victim into investing more money in fake or worthless assets. The deception lasts weeks or months, with fake profits shown to lure the victim into giving up additional funds, after which the scammer disappears with the money. This differentiates it from sudden, tech-focused crimes and from generic investment gimmicks. Ransomware and malware involve malicious software that harms a computer or steals data, not a persisting deception to induce investment. Encryption is a security technique used to protect data, not a fraudulent investment scheme.

The concept being tested is the specific term for a kind of investment fraud that unfolds over time through sustained manipulation and deception. A pig butchering scam describes a long-game approach: the scammer builds trust, often posing as a genuine advisor or friend, and gradually coaxes the victim into investing more money in fake or worthless assets. The deception lasts weeks or months, with fake profits shown to lure the victim into giving up additional funds, after which the scammer disappears with the money. This differentiates it from sudden, tech-focused crimes and from generic investment gimmicks.

Ransomware and malware involve malicious software that harms a computer or steals data, not a persisting deception to induce investment. Encryption is a security technique used to protect data, not a fraudulent investment scheme.

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