SINGAPORE: The police on Friday (June 3) warned the general public to stay vigilant against fake online articles that characteristic Prime Minister Lee Hsien Loong purportedly endorsing cryptocurrency auto-trading programs which can be portrayed as extremely profitable.
These fake articles, that are normally paid commercials, act as “clickbait”, as they direct customers to completely different web sites as soon as they click on on hyperlinks inside these articles.
These web sites provide investments via cryptocurrency buying and selling or different monetary merchandise. Users would obtain calls from the scheme’s “representatives” after offering their contact particulars.
PM Lee was falsely linked to fake articles on cryptocurrency auto-trading programs corresponding to BitlQ that declare that such programs have generated “huge income”, in accordance to the police.
The police strongly suggested the general public to test and make clear any info against sources, such because the Financial Institutions Directory, the Register of Representatives and the Investor Alert List on the Monetary Authority of Singapore’s web site, earlier than making any funding selections.
In addition to PM Lee, Trade and Industry Minister Gan Kim Yong and Health Minister Ong Ye Kung have been additionally just lately falsely linked to merchandise online and had put up Facebook posts to warn against them.
In a May 26 submit, Gan cautioned against an commercial that falsely portrayed him as selling a tea that claimed to stabilise blood sugar.
On April 26, Ong posted on Facebook warning the general public to ignore doctored photos of him endorsing medical merchandise. – The Straits Times (Singapore)/Asia News Network
