FAKE NEWS STORIES TOUTING GET-RICH-QUICK SCHEMES ARE FUNNELLING HOPEFUL BITCOIN INVESTORS TOWARD DUBIOUS BROKERS AND ORGANISED CRIMINALS

On 2 December, an article from OCCRP said that fake cryptocurrency trading software is being used to harvest the contact details of potential customers for unscrupulous investment brokers and a London-based company used fake celebrity endorsements from famous faces to direct investors to brokers, some of which are offshore and subject to official UK warnings.  A San Diego-based tech company made huge profits pushing thousands of ads promoting fake cryptocurrency investment platforms.  It is said that Facebook and Google are “awash” with the adverts and that Google has taken tens of millions of dollars this year from questionable brokers and investment review websites.

https://www.occrp.org/en/fraud-factory/down-the-bitcoin-funnel-the-tech-firms-driving-investors-to-ruin-with-fake-celebrity-news

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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