HomeNewsBeware of Fake Investment Scam Using Gina Rinehart’s Name

Beware of Fake Investment Scam Using Gina Rinehart’s Name

Scammers Target Australians with Fake Investment Promises

A new online scam is leveraging the reputation of Australian billionaire Gina Rinehart to lure victims into fraudulent investment schemes. The scam uses AI-generated news articles falsely claiming that Rinehart has collaborated with the Commonwealth Bank of Australia to create an investment platform. This platform allegedly promises to make users millionaires within four months with minimal effort and investment.

To make the scam appear authentic, fraudsters have used Rinehart’s images and crafted a fake news website complete with 9News Australia’s logos and banners. The website includes fabricated success stories and fake comments to manipulate readers into trusting the scheme. Users are encouraged to register via a free form on the site, leading to potential theft of money and personal information.

This is not the first instance of scammers exploiting Rinehart’s name. Australians are urged to verify any investment opportunities and remain cautious. Protect yourself by downloading the ACSU app for real-time scam alerts and cybersecurity advice. Spread this message to help others stay informed and secure.

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