The fake ABC News articles trying to sell you a scam
5 hours ago
- #Investment Fraud
- #Fake News
- #Online Scams
- Scammers use fake ABC News articles with AI-generated images of celebrities to promote fraudulent investment platforms like Hexonix 365, leading to significant financial losses for victims.
- The operation is industrial-scale, using Facebook ads and sophisticated cloaking tactics to avoid detection, with scams targeting multiple countries including Australia, Canada, and the UK, and estimated to have stolen at least $350 million globally.
- Meta profits from scam ads, with internal documents reportedly showing billions in revenue from such ads, while digital platforms are urged to do more to protect users, and the scam is linked to groups in Eastern Europe and Israel, involving money laundering networks.