No good deed goes unpunished; there’s a new scam on YouTube that’s swiping money from people just trying to do the right thing. According to Techradar, the scam takes the form of a YouTube ad, and it was able to make off with hundreds of thousands of dollars.
New YouTube ad scam fools thousands
This scam was discovered by the cybersecurity firm Avast, and it’s been spotted on both YouTube and Instagram. We have no word on the people who are behind this scam, but they claim to be part of an international organization.
The organization is called World Champions EU. This organization claims to be linked to the Israeli organization called Internal Championships. The folks at Avast tried to contact the organizers, but that proved fruitless. That’s a major red flag.
The bank associated with the organization is called Mizrachi-Tefachot, an Israeli bank. The banking details of a person named Alufei Olam were associated with this bank.
As for the scam itself, it shows a video of a young child who’s suffering from cancer and pleading for donations. The original video was in Russian, and it’s since been translated into English, Ukrainian, French, and Spanish. This means that it made its way to countries to swipe money from unwitting do-gooders.
Since sick kids can tug on some serious heartstrings, this “fundraiser” was able to raise an eye-watering $250,000+ over its run. That’s no joke, even though it was shy of its $800,000 goal.
Look out for scams like these
There are a lot of kids out in the world who are in need. However, there are also a lot of scammers out there who will use that to their advantage. If you come across a fundraiser on the internet, you’ll want to do your research. Look up the organization hosting the fundraiser before you send money.
If you notice anything suspicious, then you’ll want to pass it up. While it may be hard to pass on helping a child in need, you’ll want to make sure. The money you’re sending might not fund a kid’s operation, it might fund some scammer’s Tesla.
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Source: ndroidheadlines.com