Tech »  Topic »  Cybercriminals Clone CNN, BBC, and CNBC Sites to Lure Victims into Investment Fraud

Cybercriminals Clone CNN, BBC, and CNBC Sites to Lure Victims into Investment Fraud


Researchers have unveiled a sprawling cybercrime syndicate orchestrating an elaborate phishing and investment fraud campaign by cloning legitimate news outlets such as CNN, BBC, CNBC, News24, and ABC News.

This operation leverages domain spoofing and typosquatting techniques to fabricate over 17,000 baiting websites across 50 countries, primarily targeting users in the United States.

By impersonating trusted brands, these malicious actors enhance the perceived legitimacy of their scams, exploiting psychological biases to boost click-through rates and user engagement.

Global Network of Fake News Portals

The campaign integrates programmatic advertising on platforms like Google and Facebook, where sponsored posts feature sensational headlines like “Shocking: [Local Celebrity] Backs New Passive Income Stream for Citizens!”

These ads, often hosted on dormant social media profiles with no followers or historical activity, employ social engineering tactics to draw victims into a multi-stage fraud funnel.

Upon clicking these deceptive advertisements, victims are redirected to counterfeit news ...


Copyright of this story solely belongs to gbhackers . To see the full text click HERE