Fake News

Bitcoin Revolution, Crypto Cash, and Bitcoin Evolution. If any of these names ring a bell it is probably because you saw some fake news article or fake advertisement on Facebook which boasts how a certain public figure like Elon Musk or Jamie Oliver made money with Bitcoin. The rising trend in fake news articles published in various news blogs, social networks, and popular digital news outlets such as UK Mirror and Forbes are indicative of the constant struggle between regulatory bodies entrusted by the public to protect consumers, and investors or corporations looking to boost advertising income. At the start of this food chain we have unlicensed Forex and CFD brokers who are searching for traders, and dirty affiliate networks who are more than supply the clientele for them (if the price is right).

The fact remains, Forex is a lucrative business which has generated much profit for a lot of traders, so understandably there are many people who are interested in investing these days. However, as is the case with most anything these days, not all which glitters is gold. Crafty marketers understand how to use the latest Bitcoin boom and media hype in order to bait unsuspecting victims. Various well-known affiliate networks such as Offer Vault and Click Bank willingly accept Bitcoin and Cryptocurrency get-rich-quick schemes into their arsenal of offers, and in this way make these fraudulent (not to mention misleading and deceptive) systems readily available for any webmaster with a blog who is looking for a quick way to monetize his website. In this unique expose our staff has compiled an extensive list of fake news advertisements and fake social media profiles which have been used in order to coerce viewers into signing up for fraudulent Bitcoin schemes. Think we are exaggerating and don’t believe us? Keep reading our article about the fake news phenomenon and see for yourself exactly how online promoters and media networks are using turnkey affiliate marketing systems to peddle bitcoin scams in the guise of automated trading bots and fake signals.

The first piece of fake news we would like to discuss is entitled “The Icelandic Ministry of Finance Buys New Startup For $100 Million”. A closer look will reveal that this is not a CNN Tech article, rather a random spoofed website which keeps alternating. The links inside this fake news article lead to another website named “Bitcoin Revolution“, and this is what we refer to as a production line or cloned scam. Bitcoin Revolution was exposed here at Binary Scam Alerts after receiving complaints from irate victims who were cheated out of their money after signing up for this fraudulent  software.

Moving along, here we can see the sponsored Facebook advertisement which looks very official and formal. You can clearly see Jacinda Ardern the Prime Minister of New Zealand conversing with Donald Trump under the subject line of “New Investment Plan for Kiwis”.

A click on the advertisement above will lead you to the fake news page below which is a copy paste of the Iceland sales pitch only now they are targeting New Zealanders. Now if you look real close you will see some hypertext highlighted in blue, and again the Bitcoin Revolution is where you will be referred to in this case as well.

Now this is one I consider especially nasty and insulting. Below you will see a fake Twitter account for Pope Francis where he is allegedly having an “Official BTC Giveaway”. This is a really dirty scam and we are happy the website was taken down. In this case they are just asking you to contribute money instead of giving it to you, so this is really just a very sleazy scam and has nothing to do with Forex or online trading at all.

Now here is a very popular individual which has recently gotten in trouble for making irresponsible twits. Elon Musk, favored by scammers and con artists because he represents wealth and success. Now, if you are a rational human being you would not buy Bitcoin from Musk as that is not logical. However, some people are just not savvy and allow scammers to enter through the front door with these tricks. Needless to say, once you click on the link you are directed to a fake news site where Elon Musk is the star of the show.

Here is another fake advertisement about Naas Botha who happens to be a former South African Rugby player. Its interesting they chose this guy, and it shows that they are targeting the more affluent and possibly Afrikaans-speaking crowd as this would appeal more to them. Again, clicking on this advertisement leads you to the Crypto Cash scam. There is also another one with South African billionaire Mark Shuttleworth.

Here is our personal favorite! Here we have scammers using the name and reputation of Jamie Oliver in order to promote the same hideous scam (Bitcoin Revolution), but also Crypto Cash. Needless to say Jamie knew nothing about this and certainly did not approve or endorse get-rich-quick schemes. This scam got very viral quickly and we believe it has either been removed or about to be removed.

And for the finale, here we have Irish Presidential hopeful Gavid Duffy getting “dragged” into a Bitcoin SCAM via a fake online add. We underlined the name of the scam below in red so you know what to avoid (take a guess which one it is..)

Keep in mind that these scams target you according to geographical location, so obviously if you are in Malaysia or Singapore you will get a fake advertisement which is localized and “speaks” in a way which is adapted to where you live. We will be searching the internet for these fake news advertisements and keep our members updated should we find any relevant trend. In the meantime, if you are just sitting around searching for a decent piece of software which is actually tested and proven to work, we invite you to check out our recommended section.

Should you need any other information related to fake news or fake social media profiles please message us via our Facebook Group , Google +, Pinterest, and YouTube Channel

Disclosure

 

Bitcoin trader, one of the latest and most viral get-rich-quick crypto scams which is being very aggressively promoted by affiliate networks and media agencies is illegally using the name and reputation of Richard Branson in order to peddle fraudulent software to unsuspecting victims. In his blog on Virgin Media he warns of “fake endorsements” and reminds readers that the fake news reports are “linked to scam sites like Bitcoin Trader.” In fact, the use (or misuse) of Branson’s name is get-rich-quick crypto scams has been so prevalent, that it is now considered by many to be the bar-none favorite rich celebrity profile to be used by online scammers (Elon Musk is also very widely used). Fake news articles in CNN and more recently sponsored ads in Facebook are also getting extremely aggressive as marketers with big budgets have understood the effectiveness of fake news articles.

To illustrate, we have attached a screenshot of the fake CNN News article as it appears to the viewers. The headline clearly states that “560 Thousand British Quit Their Job After Richard Branson Invests Heavily in New Bitcoin Financial Tech”.

Needless to say this is an extremely misleading piece of fake news, and the fact that it directs internet users to the Bitcoin Trader Scam makes it even more insidious and criminal.

Here we also see a sponsored ad on Facebook. In this case it says that Bronson “hacks multiple crypto exchanges”. We actually clicked the “learn more” button and in we were directed to another scam named the Bitcoin Code. A second click lead us to another web page dubiously named the “Ethereum Code“, which is also being promoted via fake news reports about actress Gal Gadot making over $7,000 daily using “a new crypto system”.

This trend will not abate as scam artists peddling scams like Bitcoin Loophole and Crypto Genius are relentless and similar to sharks when they smell blood they go for the kill. In other words, the marketers keep testing new customer acquisition tactics and they now understand that this tactic is generating the most profit for them so we expect this trend to continue and even increase.

Whats Real and What’s Fake?
Branson’s real social profiles are easily identified with the blue tick. That means the profile has been verified by the social network and it is real. Anything else is fake and designed with an alternate motive in mind.

If you have questions about other fake news articles such as the use of Dragon’s Den and Shark tank then please message use or simply like our Facebook Page and subscribe to our YouTube Channel.

Ethereum Code Scam Uses Acclaimed Actress Gal Gadot as Spokesperson!
Fake News Marketing Campaigns Running Rampant on the Internet

As fake news continues to be spread through the internet and Bitcoin keeps getting media hype, we are constantly seeing get-rich-quick scams such as the Ethereum Code and Bitcoin Code gaining more popularity with internet con artists. The latest in a string of viral fake news campaigns is using Gal Gadot, the leading actress from Wonder Woman and Justice League to promote fraudulent cryptocurrency trading software. Hyped up claims of making over $7,000 a day and becoming a millionaire overnight are just a part of this latest fake news campaign designed to bait and trick unsuspecting victims into registering with and depositing money with rogue offshore brokers. UK financial Watchdog FCA has recently stated that £31,755,000 are lost just on Binary Options every year. Cryptocurrencies, Forex, HYIP’s, Ponzi Schemes, and fake ICO’s are newer on the scene and awareness levels as well as lax regulation creates loopholes which allow scammers to operate without breaking the law.

Why Is This Happening?
Actresses such as Gal Gadot are just the latest in a fake news trend which is gaining traction on the internet. A click on any of the links will direct users to a site named the “Ethereum Code” which has already been exposed here at Binary Scam Alerts.

The Ethereum Code is a well-known crypto scam which is being promoted by a huge network of affiliates and media buyers who specialize in purchasing ad space in various news and media outlets. The media buyers generate the buzz around the system, and the affiliates ride this wave and promote it via fake reviews, SPAM email marketing, social media, and video blogging. Ethereum Code is so favored with scammers that it now has two versions (both are equally misleading and deceptive).

If you happen to receive a “special invitation” asking you to join this new and “profitable software”, then we highly recommend you avoid clicking on any spammy affiliate links as we have already received complaints of Spyware infecting computers and various devices such as smart phones and iPads.

Fake News and Get Rich Quick Scams
This latest development comes after we saw how the marketers behind the “bitcoin trader” scam are also using similar tactics in order to promote their fake app. It’s no secret that people relate to well-known personalities such as celebrities and sports stars. Marketers understand this fact and use it to their advantage in order to cause potential victims to let their guard down. As the cryptocurrency industry keeps maturing we see very distinctive trends evolving. The first has to do with regulation, which is designed to protect customers but also to keep tax money inside regional borders. The second trend has to do with more sophisticated marketing tactics, and this trend will only grow as it is effective.

Elon Musk and Sir Richard Branson
In addition to Gal Gadot’s name and reputation being exploited, for some reason con artists have latched on to these two personalities as they are now bar none the preferred faces behind increasingly elaborate get rich quick scams such as the Ethereum Code and Bitcoin Code.

For those of you who are new to online trading, you should know that Forex and CFD trading differ from the other cryptocurrency trading tools. While the former trades cryptocurrency pairs such as BTC/USD against contract rates, the latter form of cryptocurrency trading deals with actually buying and selling the currency (i.e Bitcoin, Ethereum, Litecoin, and Ripple) in order to make a profit on the difference. Both forms of trading are considered to be highly speculative, and if you are not familiar with basic online trading concepts such as technical analysis or momentum trading then you need to consult a professional or try to find legitimate trading systems which have been tested and prove to perform consistently.

Closing Arguments: Fast Cash, Easy Profits, and It’s All Free
Some alarm bells and warning signs should go off when things start to sound to easy. In reality, there is no “easy money” and in order to get somewhere you need to risk money and some time to get where you need. Don’t believe the hype, fake news articles about Gal Gadot or other celebs, and use some common sense. Scams like the Ethereum Code are not going to stop any time soon so a grain of salt and a hefty dose of skepticism willy surely save you a pretty penny.Don’t forget to join our  Facebook Page and YouTube channel for additional updates.

Its not every day we hear Richard Branson claim he “accidentally exposed a cash loophole”. Unfortunately, we have had a barrage of complaints about this new fake news campaign illegally soliciting innocent day-traders to register with and fund trading accounts under false pretenses. It’s worth noting that these campaigns have been operating under the radar for quite a while now and not one serious website has published a scam review about this new and extremely deceptive and misleading marketing tactic. First, a word of caution, due to the highly fraudulent and authentic-looking nature of this marketing tactic, many day traders have been baited, cheated out of their money and victimized. In this part 1 of an investigative series of articles, we will examine the intricate nature of this extremely effective acquisition method and try to find out who are the crooks defaming the name and reputation of Richard Branson on CNN and Facebook. Keep reading our unique review and start getting insights as to how these shady affiliate marketers operate and peddle fake apps and trading robots online.

Fake News – The New Customer Acquisition Strategy
It seems there has been a massive growth in fake news websites, as well as aggressive advertising tactics on Facebook designed to lure unsuspecting customers into get-rich-quick scams. This latest development is particularly concerning for a variety of reasons. First and foremost because this form of acquisition tactic is very deceptive and believable. In reality, these marketers are piggybacking on the reputation of well-known and respected news sites and using it to peddle their fake binary options trading apps. Secondly, and maybe even more problematic is the systematic targeting and manipulation of the “work at home” niche to divert potential customers. We believe this is a particularly slimy tactic since people who look for jobs online belong to the weaker and less affluent segment of society.

Below is a screenshot taken from a fake CNN news site. You can see how this baiting tactic is used as the article boldly claims “Richard Branson Reveals Easy Work at Home Trick (Quit Your Job in 30 Days)”. Again, we see the hype below and how he now has a “secret formula” that will generate a massive amount of cash for you. A similar format is also included as sponsored content on Facebook. However, it is in direct contradiction to Facebook’s own advertising policies. Specifically where we refer to the “misleading” aspects of false advertising.

Work At Home Baiting Tactics
Why are crafty affiliate marketers targeting employment seekers and referring them to binary options scams like Orion Code and Quantum Code? The answer is fairly simple, but also extremely disturbing. The promoters of these scams understand that most people don’t have half a million dollars to invest with Goldman Sachs, and are willing to risk a bit of money in order to make consistent gains (even if they are moderate). The problem is that life doesn’t work this way, and taking risks is in reality the only way to become rich. But no one wants to hear that and most people are too busy living their lives and want a “short cut” to success and financial freedom. If you sign up for an offer like this you had best get ready to get your money stolen because your initial investment is not enough to cover the broker’s advertising cost so they will do anything in their power to get you to reinvest.

Who is Richard Branson
Richard Branson is a self-made multi-billionaire and the owner of Virgin Media, Virgin Megastores, and Virgin Airlines. He is also a well-known philanthropist and socialite. In other words, his name is synonymous with the concept of rich and careless lifestyle – which is exactly what the marketers are looking for.

Social Media SPAM, Fake News, and Binary Options
There has been much talk about fake news, especially with Donald Trump’s most recent statements about CNN and other media producing fake news reports. To put things in context, most people are not aware of, and in may cases clueless about binary options and trading online.

While on FAKE NEWS @CNN, Bernie Sanders was cut off for using the term fake news to describe the network. They said technical difficulties!

— Donald J. Trump (@realDonaldTrump) February 12, 2017

However, there is much hype about making money online, Wall Street, and the stock market. When you dress up the actual trading process and make it look like a push button solution to all your financial problems, there will be enough people who will relate to this form of advertising and proceed to risk money in the hopes of becoming rich.

Fake news is just a way to bait unsuspecting customers into this web of lies and deception, and this new trend is becoming more prevalent as it has proved to be very effective. It’s worth mentioning that this is an evolution of an existing trend where advertisers purchase space and exposure in what is professionally referred to as “above the line advertisers”. Forbes or Reuters Thompson are good examples of legit news and current events sites which accept advertising dollars paid for by get-rich-quick schemes. This has been previously discussed when we exposed the Millionaire Blueprint scam (AKA Free Money System).

The Fake News Cycle
The image here illustrates the customer acquisition cycle and how the scam is perpetrated by the internet-savvy marketers.

It’s worth mentioning that the schemes they use are very hyped up expensive productions like Orion Code. These types of scams seem to come off as very authentic and strike a cord. The sales reps operating on the broker side understand how to convince people to take out their credit card and fund trading accounts, and that is the how the scam works.

Still, in the midst of all this thieving and sophisticated marketing tactics there is a rare breed of automated trading systems which have produced results consistently and have been around for years. Surprisingly, you will not find any form of hype there. There will be no inflated bank accounts, fake testimonials, actors spewing lies, or exaggerated claims of massive profits at the click of a mouse. Interestingly enough, the systems that have proven to be successful over time are simple and easy to understand, but also full of relevant information pertaining to how to navigate through the software and actually activate it and get optimal results. We are constantly reviewing new trading robots as well as signals tools and will update our recommended section accordingly.

Review Summary: Richard Branson Used in Fake News, CNN Defamed and Facebook Takes Binary Options Advertising Money

The recent attempts by affiliate marketers to deceive, mislead, bait, and victimize potential customers into registering with and funding trading accounts with offshore brokers while using fake news marketing tactics is gaining momentum. In fact, it got so bad Virin and Branson himself issued a clarification about this viral trend. A word of caution, if your intuition is telling you something is wrong and the dots don’t connect its a good thing. Chances are your skepticism will save you a pretty penny if you conduct proper research and do your due diligence. Specifically in the case of Facebook, we have launched a formal complaint with their legal desk and will make sure to update you concerning the outcome of their investigation. As always, if you are unsure about a certain software and would like to consult, feel free to contact us via our  Facebook Page or YouTube channel.