The Tennessee Department of Commerce & Insurance’s (“TDCI”) Division of Securities is warning Tennessee consumers about the prevalence of so-called "Pig Butchering" scams. Pig Butchering is a term or metaphor that describes a scam perpetrated over a long period of time in order to steal a victim's money repeatedly via online apps. Also known as "Killing Pig Plate" or "Sha Zhu Pan," these financial scams started in China around 2019 and can have disastrous finan ...