Scammers have set their sights on Indian citizens through a fake BBC article with a clickbait headline about billionaire Anant Ambani. This scam aims to lure victims into crypto investments.
Fake BBC Article Uses a Famous Face to Attract Victims
Scammers are trying to reach Indians with a sophisticated scheme pretending to be a BBC News article. The fake report claims that Anant Ambani, a prominent Indian businessman, has endorsed a lucrative crypto platform that supposedly turns small investments into millions within a few months.
Scam Ad Looks Like a Real BBC News Article
At first glance, the post on X appears to be a genuine advertisement for a BBC article, featuring the BBC logo, title, and design similar to a news website. However, clicking the link redirects users to the domain "nguyenhm.com" instead of the real BBC website, and all functional links lead to a suspicious crypto platform instead of news sections.
Fake Interview with Ambani Promises Quick Riches
The scam article includes a fabricated interview with Anant Ambani, in which he reportedly makes controversial statements about poverty and emphasizes how people can make money by investing in crypto. It claims that the Everix Edge platform can turn 26,000 Indian rupees (around $30) into a million within 3–4 months.
Fake Platform Promises High Returns Using False Testimonials
Everix Edge is presented as an advanced investment platform using blockchain and artificial intelligence. It falsely claims to exploit price differences on exchanges like Coinbase and Binance. To boost credibility, the scammers use fake testimonials from well-known personalities.
Scammers Collect Personal Data to Steal Money
Users are encouraged to register with personal information, including their name, address, email, and phone number, which gives scammers the details they need to defraud victims further.
Scam Continues Despite Indian Authorities’ Interventions
This scam has been circulating for some time. Similar articles impersonating the BBC were spotted as early as May 2024. Indian authorities ordered the removal of these fraudulent posts, but scammers simply switched domains and carried on.
Similar Scams Using Fake Celebrity News Are Not New
Crypto scammers have used similar fake articles in the past, featuring celebrities like Kate Winslet and Elon Musk to lure victims into their schemes.
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