Scammers resort to fake news to bait victims, names of high-profile figures being used to trick people
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Under a picture of Singapore Prime Minister Lee Hsien Loong, the article quotes him on how extremely profitable investments in bitcoin, a form of electronic cash, can be. "Some literally hate me for investing in this!" Mr Lee is quoted as saying, with the headline blaring out how a $100 investment in 2010 would be worth $75 million.
When people see it again and again on the Internet and social media, the fake ads will gain their 'credibility'."
Some use fake profiles, including names and pictures of others. "It is very hard to identify such criminals as they conceal their identities to avoid prosecution,
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If can't access above link, click HERE
Under a picture of Singapore Prime Minister Lee Hsien Loong, the article quotes him on how extremely profitable investments in bitcoin, a form of electronic cash, can be. "Some literally hate me for investing in this!" Mr Lee is quoted as saying, with the headline blaring out how a $100 investment in 2010 would be worth $75 million.
When people see it again and again on the Internet and social media, the fake ads will gain their 'credibility'."
Some use fake profiles, including names and pictures of others. "It is very hard to identify such criminals as they conceal their identities to avoid prosecution,
high-profile figures who command a high degree of credibility are targets of fake news stories.
"If the prime minister tells you to invest in cryptocurrency, you are more likely to believe him than you are to believe in a random person off the street telling you the same thing,"
For qns on social media and fighting fake news.....
posted by Dark Shadow | 12:10 PM
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