RATE Group | Fake news articles feature DPM Heng to solicit Bitcoin investments: Police
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Fake news articles feature DPM Heng to solicit Bitcoin investments: Police

29 Apr Fake news articles feature DPM Heng to solicit Bitcoin investments: Police

Posted at 11:17h in Bitcoin News by

SINGAPORE: Scammers have been using fake news articles featuring Deputy Prime Minister Heng Swee Keat to lure people into investing in an automated Bitcoin trading programme.

The Singapore Police Force (SPF) said in a news release on Wednesday (Apr 29), at least three such articles were posted on Facebook in April.

The paid online advertisements are designed to entice victims to click on links within, and mislead people into believing the scam to be “an investment with high returns”, it added.

READ: DPM Heng warns of ‘fake news’ Facebook post using his photo, makes police report

The links lead to a different website, offering investments in cryptocurrency or other financial products.

Those who provide their contact details in the website would usually receive a call promoting the said investments.

Victims who take the bait would be instructed to transfer money to an overseas bank account or…

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