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New Zealand's Prime Minister Wrongly Dragged Into Crypto Scam Clears Her Name

Facebook posts that are linked to fake news site have been trending. The posts use the name of the Prime Minister of New Zealand, Jacinda Ardern to publicize the goal of a crypto scam.

Illegal Attachment Of New Zealand’s Prime Minister’s Name to Boost Crypto Publicity

The Facebook posts were explicitly targeted at the Kiwis and pointed readers to a fake news website which posed to be a look-alike of CNN. This is accompanied along with fake news that the New Zealand Treasury has invested half of its wealth in a crypto startup.
The Facebook ads were targeted at different age groups of the Kiwis with a caption stating that every Kiwi member must not miss the opportunity, with a picture of the Prime Minister of New Zealand, Jacinda Ardern attached.
The attention of the office of the Prime Minister of the country was brought to the post by a local news outlet. The Prime Minister’s office reported the malicious post to Facebook, that removed the post from its platform.

The frequency of Fake News Posts of Cryptocurrency Ads

According to a spokeswoman from the office of the Prime Minister, such type of malicious post is not new, as it has become a trend. The frequency of such posts has made it impossible for the office to monitor all constantly.
The spokeswoman further noted that when the office is advised or informed of such fake posts that use the images of the Prime Minister, Facebook authority is informed, and such posts are duly pulled down by the platform.
However, the frequency of such posts and the use of the Facebook platform warrants appropriate vigilance of the Facebook team to block related fake posts and ads on the platform in future.

Scammers Use of Social Media To Promote Fake Campaigns

The use of social media and prominent personalities in and outside the cryptocurrency sector to promote fake campaign has become prominent of recent.
A verified Twitter account impersonating Elon Musk promoted crypto giveaway scam through tweets recently.
Also, a former Prime Minister of New Zealand, John Key was featured in a Facebook and Twitter post in 2017 that pointed Kiwis to a fake New Zealand Herald website. He was quoted to have stated that “I purchased a mere $1,000 and followed the bitcoin loophole system, and now seven years later my $1,000 investment is worth $300 million. It’s funny to think how that $1,000 has grown to become my biggest asset.”

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