Bitcoin Scam URL impersonates Indian Express and peddles fake Azim Premji story
A fraudulent webpage posing as the Indian Express and peddling a false story about Wipro founder Azim Premji advising people to invest in bitcoin is being promoted through sponsored ads on Facebook.
The webpage, which at first glance looks like the outlet’s website, contains a fake interview with Premji advising people to invest in bitcoin through a website called “Bitcoin Loophole”. The interview falsely claims that Premji invested in cryptocurrency using Bitcoin Loophole.
Bitcoin is a decentralized digital currency, with no central bank or single administrator, that can be sent from user to user on the bitcoin peer-to-peer network without the need for intermediaries.
Read also : Scammers and spammers promise free Netflix and Amazon Prime streaming during lockdown
The Indian Express tweeted on September 4, 2021, stating that the website – (primenews.to) has nothing to do with this and is abusing its banner.
BOOM analyzed the webpage and found several red flags indicating that it was a malicious link.
The title of the article reads: “SPECIAL REPORT: Azim Hashim Premji’s latest investment has terrified the government and big banks.” The article goes on to claim that in an interview, Premji revealed that he found a new cryptocurrency auto-trading program called Bitcoin Loophole.
However, the quoted interview is non-existent and there is no recent interview given by Premji on the show ‘Good morning India’.
Click on here to consult an archive
Also, the link has a fake Indian Express masthead, as it misspelled the newspaper’s name as ‘Indian Expres’.
The webpage URL is mediaweb.to while the current media website is indianexpress.com
The fake article claims that he also got an exclusive interview with Premji because he “ran out of time” in the other interview to elaborate on the new cryptocurrency investment he has invested in.
The article then goes on to guide users and sign up and invest money on a “Bitcoin Loophole” site claiming that users would make a profit and using Azim Premji’s fake interview as a plug to trick people to invest.
We also found the same fake post shared on Facebook with some pages promoting the webpage through advertisements.
Click on here to look at
A search of Facebook’s ad library shows that a page named “Pizza Fix” that has 2 likes is currently running an ad with the fake post on Facebook.
We also found older tweets from users dated August 23, 2021, alerting people to the fake Premji post shared on social media
Using the online tool – VirusTotal, a website used to scan and detect suspicious files and URLs, we searched for the two sites appearing in the URL (mediaweb.to) and the site appearing in the source code (primenews.to ) The results showed that these links had previously been flagged as malicious.
Read also : No, Bigg Boss competitor Urfi Javed is not related to Javed Akhtar