Pig Butchering (Sha Zhu Pan)
A long-con romance or friendship built over weeks on social apps, steering the victim onto a fake trading platform that shows fabricated profits until a large deposit is made.
Red flags
Any one of these is enough to stop and verify before you send money.
What to look for
- 01An online contact you never met introduces a 'can't-lose' platform
- 02The app shows profits but withdrawals require 'tax' or 'fees' first
- 03Urgency and secrecy around a limited-time opportunity
What to do
Any platform reached through a stranger's message should be treated as fraudulent until independently verified. Withdrawals that require upfront fees are a defining sign.
Entities currently carrying a published warning
Firms on this register that a named regulator has published a notice about.
| Entity | Status | ID | Published finding |
|---|---|---|---|
| DriveWithMettle / CoveredByWise / SpareSafety / WeAreMotorguard | Danger | AL-2026-1021 | There is a published warning from the Financial Conduct Authority about this firm. |
| BITRUMARKET | Danger | AL-2026-1020 | There is a published warning from the Financial Conduct Authority about this firm. |
| maxluxurymarketing.com / Maxluxury Marketing | Danger | AL-2026-1008 | There is a published warning from the Financial Conduct Authority about this firm. |
| tradeassetlimited.com | Danger | AL-2026-1009 | There is a published warning from the Financial Conduct Authority about this website. |
| Bit Trade Master / bittrademaster.com | Danger | AL-2026-1010 | There is a published warning from the Financial Conduct Authority about this firm. |
| Oribit X Trading FX | Danger | AL-2026-1001 | There is a published warning from the Financial Conduct Authority about this firm. |