ALERT: Watch Out For Facebook IPO-Related Scams
Scammers will seize any angle they can to try to reel in the unsuspecting, and the initial public offering announced by Facebook yesterday is no exception.
Scammers will seize any angle they can to try to reel in the unsuspecting, and the initial public offering announced by Facebook yesterday is no exception.
Sophos posted a reminder that bogus Facebook stock was offered for sale last year, and yesterday’s IPO announcement will likely bring that scam back to center stage.
Naked Security warned of the potential of offers of free Facebook stock being used as bait to entice users to clock on links or join pages.
And the Financial Industry Regulatory Authority’s Senior Vice President for Investor Education told the security company:
Investors might think they are getting in on the ground floor of innovative social media companies, but instead find that they may have handed over real money for nonexistent shares.
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