
the staff of the Ridgewood blog
Ridgewood NJ, Attorney General Matthew J. Platkin announced that the Bureau of Securities ordered three website operators involved in cyber scams to stop offering fraudulent cryptocurrency investments in violation of the New Jersey Securities Law. The Bureau urges New Jersey residents to beware of romance and cryptocurrency scams known as “pig butchering” — a common scheme where perpetrators essentially fatten victims up and then swindle them of all their funds.