RATE Group | Bitcoin fraudsters target head of $230B fund in latest Facebook scam
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Bitcoin fraudsters target head of $230B fund in latest Facebook scam

Bitcoin fraudsters target head of $230B fund in latest Facebook scam

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The head of a $230 billion investment fund is the latest high-profile individual targeted by Facebook’s Bitcoin BTC fraudsters.

Ho Ching, chief executive of Singapore‘s Temasek, has been featured in ads for a bogus cryptocurrency trading program, The Straits Times reports.

The ads include logos of reputable local media outlets to boost their credibility, and promise incredibly lucrative returns on any investments made.

One ad reportedly features a fake article that details a call between the head of a major bank and Ms. Ho, in which they beg her to stop divulging money-making secrets, such as investing in “Bitcoin Pro.”