By Admin 
META has taken major action against those who implicated people in the name of investment by cheating people on social media platform Facebook. The company said that it has removed more than 23,000 fake accounts and pages, which were targeting users of India and Brazil.
These scammers made fake videos of YouTuber, cricketers and business celebrities famous to dodge the people. In these videos, it was shown as if these people were promoting some special investment apps and gambling websites.
How did people trap?
Earlier, through social media posts, people were shown offers with ‘early money earning’. Then they were advised to invest by taking them to chatting apps (eg whatsapp or telegram). Subsequently, he was sent to a fake website that looked like Google Play Store, and from there he was asked to download gambling or fake investment apps.
What does Meta say?
META said, “These scammers lure people to invest money in fake schemes, such as cryptocurrency, stock market or real estate to give tremendous returns.”
The company also told that many scammers were also active on ‘Facebook Marketplace’, who used to get themselves as real sellers and get advance payment from people. In a trick, scammers deliberately send more money for something and then ask for refund. Later, both run away with money by canceling the real payment.
What steps did META take?
META said that now he is ‘increasing vigilance’ on his platform. If an account seems suspicious or a user asks for payment before delivery, then the user will be shown warning.
Also, to catch the scams running in the name of celebrity, the company is now using facial recognition. This identification process is optional, that is, users can turn it on their own will.
The government is working with the government
META said that it is promoting online security and digital awareness in collaboration with several agencies of the Government of India like Telecommunications Department (DOT), Consumer Affairs Department (DOCA) and Indian Cybercrime Center (i4C). The company has also conducted training workshops to police and other officers in 7 states of the country to deal with scams.