Fake Website Used New Zealand’s Prime Minister to Promote Crypto Startup

Fake Website Used New Zealand’s Prime Minister to Promote Crypto Startup

A website spreading fake news has used images of Jacinda Ardern – New Zealand Prime Minister – to promote a crypto startup. 

According to the local media outlet Stuff, a number of sponsored publications popped up on Facebook on Friday, October 12. “New Investment Plan for Kiwis” – one of the headlines would read. The posts were targeted at the audience aged between 30 and 45. 

 

Big Deal

The news website masquerading as CNN Tech contained articles claiming that New Zealand’s Treasury Department was to spend $250 million, half of its wealth, on a startup named Bitcoin Revolution. 

Alerted by Stuff, the PM’s office reported the fake posts to Facebook which led to them being taken down.

Sneaky Marketing 

This is not the first case when fake sites use the image of the Prime Minister or other recognizable faces for promotions associated with cryptocurrency. Yesterday, a verified Twitter account was caught using Elon Musk’s likeness for a scam giveaway.  

#cryptocurrency #scam #newzealand