Woman fleeced of $670,000 in finance scam using fake ABC News stories about Andrew Forrest

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A WA woman is caught up in an online investment scam that used a bogus endorsement by mining billionaire Andrew Forrest and created fake ABC News articles to publicise the scam on Facebook and LinkedIn.

A West Australian woman has lost more than $600,000 to an online investment scam that used a bogus endorsement by mining billionaire Andrew Forrest and created fake ABC News articles to publicise the scam on Facebook and LinkedIn.She said law enforcement authorities were not equipped to deal with her problemThe woman, who has asked not to be identified, saw advertisements for an online trading platform on social media in March.

The woman said at first she believed the site was legitimate as the advertisements on Facebook and LinkedIn which included fake interviews with Mr Forrest claimed to be from reputable news agencies, including the ABC."If you were to watch the news on the television, you would believe the news on the television, you don't go questioning and calling back the legitimacy of that news."

The slickly produced website to which she was referred claimed to be based in the Caribbean state of St Vincent and the Grenadines, but all contact details were for a United Kingdom number.

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All I've learned from the rampant scams and their suckers, is that there are plenty of cashed up suckers out there...

Perhaps Twiggy could refund her the $$? He's certainly rich enough...

I suppose the money she lost was a golden handshake from a divorce too, Karma 🤣

And this scam was reported many times on TwitterAU - nothing done about it. And given it was FakeABCNews, why didn’t do something about it?

The ABC is well known for publishing FakeNews, so it's understandable how the woman was conned.

That scam has been online for a long time and not taken down, so who is to blame?

I have reported this and many other scams to facebook but....😡

vickimcc55 🙄

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