Fake News Website Publishes Article on Ex-PM of New Zealand Promoting Bitcoin

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A fake news website has been found promoting Bitcoin by using the image of ex-Prime Minister of New Zealand.

The website, Crypto Revolt, has been flagged before as being a scam and using people with little ethics to promote fake services. These fake services are then used to target unsuspecting people in order to defraud them financially.

The fake promotion ad was pointed out by a news outlet Stuff, which reported that the article has been designed to look like a genuine article which “purports to interview John Key on his enthusiasm for Bitcoin.”

The page has been cloned from the Stuff, complete with all the design, but with a fake news outlet logo and all the links pointing towards the original Crypto Revolt portal.

The Ex-Prime Minister of New Zealand John Keys had denied any rumors back in December that he has any investments made in Bitcoin.

Scammers seem to have something of an interest in the Prime Ministers of New Zealand. The current leader, Jacinda Ardern’s image has also been used in a similar scam in October 2018.

Such is the frequency of use of the Minister’s image that a spokesperson said, “We aren’t able to manually or digitally monitor the increasing volume of fake news that fraudulently uses images of the Prime Minister.”

New Zealand police have warned citizens of crypto-related scam, especially after an investor lost over USD 213,000 in a fraud scheme in September last year. Two months after that, the nation’s financial regulator, the Financial Markets Authority (FMA), added three cryptocurrency related websites to its blacklist along with another three in December.

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