Education, Science, Technology, Innovation and Life
Open Access
Sign In

The Crime of "Pig-butchering Scams" in the Securities Market and Legal Regulation

Download as PDF

DOI: 10.23977/law.2023.020106 | Downloads: 26 | Views: 356


Lien-Wei Yu 1,2


1 School of Law, Nankai University, Tianjin, China
2 V.P., Department of Brokerage, SinoPac Securities (Asia) Limited, Hong Kong S.A.R., China

Corresponding Author

Lien-Wei Yu


This article aims to discuss the crime of "pig-butchering scams" in the securities market and its legal regulation. First, the article introduces the definition of the crime of "pig-butchering scams" and its harmfulness. Secondly, the article analyses the current legal regulations on the crime of "pig-butchering scams" in China. It points out problems, such as bottlenecks in applying laws and difficulty collecting evidence. Finally, the article suggests improving laws and regulations, strengthening supervision and reducing investor information asymmetry to solve the crime of "pig-butchering scams" and legal regulation. This article is focused and clear and sorts out the problems and solutions so that readers can quickly understand the theme and purpose of this article. 


Securities, pigs butchering, law, system


Lien-Wei Yu, The Crime of "Pig-butchering Scams" in the Securities Market and Legal Regulation. Science of Law Journal (2023) Vol. 2: 41-52. DOI: 10.23977/law.2023.020106.


[1] Sun Zixiang, Yu Long. Research on the crime of "Pig-butchering Scams" type of marriage, love and dating, telecommunication and network fraud [J]. Journal of Jiangsu Police Academy, 2022, 37(02): 86-92.
[2] Jiang Airu. Empirical analysis and countermeasure research on the "Pig-butchering Cams" Internet fraud crime [J]. Network Security Technology and Application, 2022 (03): 159-161.
[3] Liu Xinyue, Zhang Ling. Research on the Causes and Prevention Strategies of Victims Being Defrauded in "Pig-butchering Scams"——An Explanation from the Perspective of Two-Stage Trust [J]. Police Education and Training, 2021(11): 32-36.
[4] Xiang Jing, Liu Yalan. Analysis of the Psychological Control Mechanism of "pig-butchering scams" Telecom Fraud Crime [J]. Journal of People's Public Security University of China (Social Science Edition), 2021, 37(04): 1-10.
[5] Zhou Mengci. Research on the interactive relationship between criminals and victims of "Pig-butchering scams" telecom network fraud [J]. Journal of Jiangxi Police Institute, 2021(02):28-33.
[6] Lu Jiangtao. After buying it, it plummeted, and some stockholders lost millions. A cross-border "butchering pig" gang with a capital of more than 200 million yuan was arrested [J]. China Economic Weekly, 2020(20):54-56.
[7] Zhang Lijian, Wu Xinliang. Research on Internet Fraud Crime Governance——Take "pig-butchering scams" as an example [J]. Jiangxi Communication Science & Technology, 2020 (01): 42-44. 
[8] Qiu Xiaoyan. The characteristics and prevention of Internet fraud crimes——Take friends to induce gambling investment as an example [J]. J Journal of Guangzhou Police College, 2019, 29 (03): 18-23.
[9] Wan Chen. Beware of online dating scams [J]. Police Station Work, 2019 (06): 70.
[10] Li Liang, Wang Liang, Song Hao. The development trend and countermeasures of telecom network fraud [J]. China Criminal Police, 2019 (5): 27-34.
[11] Bai Aoting. Research on countermeasures for detecting "pig-butchering scams" telecom network fraud under the background of big data [J]. Cyberspace Security, 2020, 11 (10): 1-5.
[12] Hao Hongkui. Comprehensive measures to control telecom network fraud crimes [J]. Social Governance Review, 2017 (1): 35-37.
[13] Li Liang. Countermeasures against Telecom Network Fraud Cases in the New Era [J]. China Criminal Police, 2020 (02): 25-28.
[14] Yu Shiliang. Research on cracking down on the crime of "pig-butchering scams" online fraud [J]. Journal of Henan Police College, 2020, 29 (06): 51-56.
[15] Wang Fengwu. Script Analysis of "Pig-butchering Scams" Internet Fraud [J]. Journal of Shandong Police College, 2021, 33 (01): 109-116.
[16] Wu Yuewen. The investigation strategy and critical points of evidence collection in the new type of "financial management" online fraud cases [J]. Journal of Sichuan Police College, 2019, 31 (01): 18-26.
[17] Zhang Zongxin, Yao Li, Li Gefei. Formation and Resolution of Institutional Risk in China's Securities Market [J]. Economic Research Journal, 2001(10):7.
[18] Zhang Dan, Liao Shiguang. Research on investor sentiment in China's securities market [J]. Securities Market Herald, 2009(10):8.
[19] Li Changkun. Constituent elements of the crime of defrauding transactions and manipulating the securities market [J]. People's Justice. Balance, 2022(8): 4.
[20] Du Junze. Free "Stock Trading Software" Guaranteed "Profit without Compensation." [J]. China Anti-Counterfeiting Report, 2016(7):1.
[21] Li Youxing, Fan Junhao, Li Longzheng. Interpreting Securities Legal Theory and Reflecting on Financial Judicial Practice——Summary of the Symposium on "Securities Market Legal Theory and Practice" [J]. Research on Rule of Law, 2012(6):8.
[22] Xie Jie. Research on Difficult Issues in Identifying the Circumstances of Insider Trading Crimes——Analysis of the Criminal Law on the Related Articles of the Latest Judicial Interpretation of Securities and Futures Crimes in the "Two Highs" [J]. Journal of Shanghai Police College, 2012.

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.