Reddit ads pose as news stories to promote AI investment scams

1 week ago 1

Scammers are running sponsored ads on Reddit that impersonate major news outlets, including the BBC, the Financial Times, and The Guardian, to push fraudulent AI-powered investment schemes, according to new research from cybersecurity firm Bitdefender Labs.

The campaign, uncovered by Bitdefender researchers Andrea Olariu and Emanuel Puscasu, promotes fictitious AI platforms such as Wencoin STX, Warrior Coin AI, and Nevo Coin. The promoted posts redirect users to cloned news websites designed to closely mimic the appearance of legitimate publishers, where fabricated articles, invented testimon...

Source: https://mashable.com/tech/reddit-scam-ads-pose-as-outlets-to-promote-ai

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