Every year, a lot of fake apps find their way on both Google Play Store and Apple App Store, and the latest ones to join the frenzy are fraudulent trading apps that lure victims into “pig butchering” scams. In case you are wondering, pig butchering is a type of scam that makes investors believe they are getting high returns on their investments by making up numbers. Scammers often use social engineering techniques to prevent the user from withdrawing their pseudo profit and encourage users to keep on investing more and more money. According to a recent report by BleepingComputer citing cybersecurity firm Group-IB, these fake trading apps, which belong to the “UniShadowTrade” family of malware, were first spotted earlier this year in May and are built using the UniApp framework. These fradulent trading apps have also found their way to Apple’s App Store. (Image Source: Source-IB) Some of the most popular apps that lured unsuspecting users include SBI-INT (iOS), Finans Insights (Android), and Finans Trader6 (Android). The cybersecurity group also said that these fake trading …