Investment scams, particularly involving cryptocurrency, have surged, leading to significant financial losses for individuals. A report from Cyvers Alerts identified 'pig butchering' as one of the most financially devastating scams, with losses totaling approximately $5.5 billion across 200,000 cases. This type of scam involves scammers building long-term trust with victims before presenting fake investment opportunities that promise high returns. The rise in such scams has prompted warnings from various authorities, including the Las Vegas Metropolitan Police Department (LVMPD), which cautioned that promises of huge investment returns are often too good to be true. Additionally, stories of victims, such as a retiree in Hong Kong who lost his life savings to a crypto scam, highlight the severe impact of these fraudulent schemes. As more individuals seek online romance, scammers are also exploiting dating apps to target potential victims, further complicating the landscape of financial fraud.