3 California residents arrested in reported ‘pig butchering’ investment schemes totaling $13 million
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Three people were arrested Tuesday, Feb. 25, after reportedly creating shell companies that stole more than $13 million from victims of investment scams tied to “pig butchering,” according to federal prosecutors.
A Mingzhi Li, 24 and Zeyue Jia, 23, of Downtown Los Angeles and a Jun Shi,…
This story appeared on siliconvalley.com, 2025-02-26 12:32:13.