Scam Watch

Australian Regulators Call For Stronger Ban On Fraudulent Facebook Advertisements

Australian Regulators Call For Stronger Ban On Fraudulent Facebook Advertisements

It’s not exactly breaking news that financial scams are all too common on Facebook. However, some government regulators around the world have reached a breaking point, calling for the social media giant to adhere to a mandatory code of conduct to help better protect the public from these scams. According to the Australian Financial Services…

read more →
Report: Facebook Gaming Platform Is Full Of Scams

Report: Facebook Gaming Platform Is Full Of Scams

Four years ago, Facebook launched a gaming platform to compete with Amazon’s popular Twitch streaming site. However, after an initially promising launch, users have complained that the site is now overrun with fake videos and strange scams. According to a report this week in Bloomberg, some of these videos include weird montages of chiropractic practices,…

read more →
Australian Mogul Sues Facebook Over Scam Advertisements

Australian Mogul Sues Facebook Over Scam Advertisements

Fraudulent advertisements are one of the most common and pervasive problems on Facebook. So it’s no surprise when some of these ads try to leverage the fame and fortune of someone else to fool unsuspecting users. That’s why, this week, Australian billionaire and mining magnate Andrew Forrest announced he is suing Facebook for failing to…

read more →
Report: Facebook Is Still Failing To Crack Down On Fake Reviews

Report: Facebook Is Still Failing To Crack Down On Fake Reviews

Because of its size and scope, Facebook is no stranger to scams and criminal activity. And one of the most persistent rip-offs on the platform involves fake review “factories” that offer free Amazon items, refunds, gift cards, and more in exchange for positive reviews. Facebook has long promised to crack down on this activity —…

read more →
Facebook Mistakenly Verified A Bitcoin Scammer Pretending To Be Elon Musk

Facebook Mistakenly Verified A Bitcoin Scammer Pretending To Be Elon Musk

Because Facebook is the biggest social media platform in the world, scammers often use it to take financial advantage of unsuspecting people. However, the least users can ask of Facebook is not to actively promote these criminals. Yet that’s exactly what happened recently when the social media giant mistakenly verified a bitcoin con artist posing…

read more →
Report: Scammers Are Falsely Promising Facebook Verification

Report: Scammers Are Falsely Promising Facebook Verification

Scammers and cybercriminals have an almost endless variety of ways to take advantage of users on Facebook. And according to a recent report from CNET, that includes tricking users who want to become verified into handing over their personal info. These scams work by directing users to fake verification forms, or by messaging them with…

read more →
Report: Facebook Is A Breeding Ground For Fake Product Reviews

Report: Facebook Is A Breeding Ground For Fake Product Reviews

It’s well known that Facebook has problems with spam on its platform. However, one underreported issue is the abundance of Facebook groups that solicit fake reviews for products. It’s a big enough problem that Amazon has started to not-so-subtly call out Facebook to do more to stop this practice. These Facebook groups work by promising…

read more →
Typing ‘Fact Check’ in your Facebook Block List Will Not Block Bots Reporting Your Posts

Typing ‘Fact Check’ in your Facebook Block List Will Not Block Bots Reporting Your Posts

Another hoax message is spreading virally on Facebook. The body of the message instructs users to: GO TO YOUR FB SETTINGS GO TO BLOCKING, TYPE IN FACT CHECK THEN BLOCK ALL OF THEM THESE ARE THE FB “BOTS” THAT KEEP REPORTING YOUR POSTS. I HAD OVER 20. YOU’RE WELCOME Sadly, this not true. You can’t…

read more →
Report: Facebook Shopping Scams Are On The Rise

Report: Facebook Shopping Scams Are On The Rise

Scammers and cybercriminals often try to take advantage of Facebook users with fraudulent advertisements. However, these scams are particularly prevalent during the holiday season, and many experts are warning users to be careful what they click. According to a report from the Federal Trade Commission (FTC), reports of online scams have risen eight-fold since the…

read more →
Report: Despite Being Shut Down, Fraudulent Ad System Continues Scamming Facebook Users

Report: Despite Being Shut Down, Fraudulent Ad System Continues Scamming Facebook Users

In November 2019, Facebook sent a cease-and-desist letter to a U.S.-based marketing firm that ran ads using images of celebrities to trick users. As a result, the firm shut down. However, according to a new report in BuzzFeed News this week, many of the company’s remnants are still actively being used to scam people on…

read more →