As online investing continues to grow in popularity, the scams associated with it are also prevalent, so aspiring investors should be careful. This fact was verified by Kaspersky Lab, which discovered a widespread gas investment scam targeting both Android and iOS users. An investigation by a cybersecurity firm has uncovered more than 300 fraudulent apps and a series of fake endorsement videos featuring deepfakes of celebrities.
The investigation claims to have uncovered a network of fraudulent apps designed to lure unsuspecting users into investing in natural gas and purported to be quantum investing algorithms. These apps are distributed through various Android app stores, such as GetApps for Xiaomi devices and Palm Store for Tecno devices. Some of these fraudulent apps appear on the recommended list of some app stores, falsely claiming to be recommended and misleading users into installing them.
Researchers promote fraudulent ‘gas’ and ‘quantum’ investment schemes by mirroring deceptive websites that lure users with promises of ‘investing’ in natural resources and gaining easy wealth through sophisticated algorithms We have discovered Android adware that is being used to
In addition to deceptive apps and websites, we have also observed a significant number of videos promoting various āinvestment platforms.ā These videos feature deepfakes of high-profile figures, including politicians, actors, and business leaders, endorsing fraudulent investment schemes. The videos are meticulously crafted and incorporate authentic footage from official events and public appearances, lending authenticity to the scam.
A video aimed at a Russian-speaking audience promotes an investment platform called Tesla X, a side project by Elon Musk to develop self-driving car technology. It is claimed that. In another video in Turkish, “Recep Tayyip ErdoÄan” allows users to make big profits by investing just 5,000 Turkish Liras (about $17) in shares of BOTAÅ, the Turkish state-owned oil and gas pipeline. This feature features support for investment platforms that are said to be able to company.
A similar video has also been found in Spanish, showing Mexican billionaire Carlos Slim promoting oil investments through the Oil Profit platform.
The investigation uncovered hundreds of similar videos tailored to different countries and regions, exploiting local visibility to maximize the impact of the scam. These fraudulent recommendations target citizens with promises of guaranteed profits, from Moldova’s Mordinconbank to Kazakhstan’s Kazmunaigas, Romania’s Romgaz and even major global companies like Samsung.
The investigation also extended to the Apple App Store and Google Play Store, where researchers identified several applications with the term “Oil Profit” in their names. These apps were reported to the platform and removed from the app store as a result.
The investigation claims to have uncovered a network of fraudulent apps designed to lure unsuspecting users into investing in natural gas and purported to be quantum investing algorithms. These apps are distributed through various Android app stores, such as GetApps for Xiaomi devices and Palm Store for Tecno devices. Some of these fraudulent apps appear on the recommended list of some app stores, falsely claiming to be recommended and misleading users into installing them.
Researchers promote fraudulent ‘gas’ and ‘quantum’ investment schemes by mirroring deceptive websites that lure users with promises of ‘investing’ in natural resources and gaining easy wealth through sophisticated algorithms We have discovered Android adware that is being used to
In addition to deceptive apps and websites, we have also observed a significant number of videos promoting various āinvestment platforms.ā These videos feature deepfakes of high-profile figures, including politicians, actors, and business leaders, endorsing fraudulent investment schemes. The videos are meticulously crafted and incorporate authentic footage from official events and public appearances, lending authenticity to the scam.
A video aimed at a Russian-speaking audience promotes an investment platform called Tesla X, a side project by Elon Musk to develop self-driving car technology. It is claimed that. In another video in Turkish, “Recep Tayyip ErdoÄan” allows users to make big profits by investing just 5,000 Turkish Liras (about $17) in shares of BOTAÅ, the Turkish state-owned oil and gas pipeline. This feature features support for investment platforms that are said to be able to company.
A similar video has also been found in Spanish, showing Mexican billionaire Carlos Slim promoting oil investments through the Oil Profit platform.
The investigation uncovered hundreds of similar videos tailored to different countries and regions, exploiting local visibility to maximize the impact of the scam. These fraudulent recommendations target citizens with promises of guaranteed profits, from Moldova’s Mordinconbank to Kazakhstan’s Kazmunaigas, Romania’s Romgaz and even major global companies like Samsung.
The investigation also extended to the Apple App Store and Google Play Store, where researchers identified several applications with the term “Oil Profit” in their names. These apps were reported to the platform and removed from the app store as a result.