Scammers are paying Google tens of millions of dollars to promote high risk or even openly fraudulent investment schemes, an investigation by the Times reveals.
Google said it will launch a thorough investigation on the allegations and will double check all financial websites that are allowed to use its ads service.
Many of the websites in question claim to be licensed and authorized by the Financial Conduct Authority (FCA) in the UK or by some other official financial regulator, as well as to participate in a client compensation schemes.
Some simply use the logos of official financial watchdogs, or links, misleadingly linking them to reputable organizations.
Another technique employed by scammers is that thy use key words like “secure”, “safe” and “low - risk” to facilitate the Google search, and to convince potential customers that their funds will be in safe hands.
Re: Google is taking steps to curb online scam after an investigation by The Times
2Interesting! I wonder what's in it for them?mlawson71 wrote: Wed Nov 13, 2019 4:00 am Scammers are paying Google tens of millions of dollars to promote high risk or even openly fraudulent investment schemes, an investigation by the Times reveals.
Re: Google is taking steps to curb online scam after an investigation by The Times
3Maybe they're just being responsible for a change? Or am I being too idealistic to even consider that?
Re: Google is taking steps to curb online scam after an investigation by The Times
4These scammers have just crossed all demarcations, some strict action must be taken asap.
Re: Google is taking steps to curb online scam after an investigation by The Times
5Which scammers? Google?Torrie8 wrote: Tue Nov 26, 2019 4:11 pm These scammers have just crossed all demarcations, some strict action must be taken asap.
Important: The worst forex brokers of all time
Re: Google is taking steps to curb online scam after an investigation by The Times
6youtube is "fixing" elections...and who owns youtube
- These users thanked the author Deez for the post:
- ChuChu Rocket
Re: Google is taking steps to curb online scam after an investigation by The Times
7Yep it's true. Project Veritas and Infowars exposed Google on election meddling a few months ago. It's sad.
Important: The worst forex brokers of all time
Re: Google is taking steps to curb online scam after an investigation by The Times
8I don't understand why there isn't another platform yet that can contest with Google/Youtube..i'm sure there are people with that kind of money to build it.
With the new COPPA law youtube just shot itself in the foot.
With the new COPPA law youtube just shot itself in the foot.
Re: Google is taking steps to curb online scam after an investigation by The Times
9what is it............. new coppa law??Deez wrote: Tue Nov 26, 2019 5:51 pm I don't understand why there isn't another platform yet that can contest with Google/Youtube..i'm sure there are people with that kind of money to build it.
With the new COPPA law youtube just shot itself in the foot.
Official Forex-station GIF animator at your service
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
Re: Google is taking steps to curb online scam after an investigation by The Times
10Creators will be fined $42000 if they do not categorize there videos properly.