Woman loses $670K in Aussie billionaire 'endorsed' crypto scam

From micky.com.au

An Australian billionaire has taken aim at Facebook over ads falsely claiming he endorsed a scam that fleeced a Bunbury woman of $670,000. The West Australian woman lost $670,000 to a sophisticated investment scam that was promoted on LinkedIn and Facebook using Andrew “Twiggy” Forrest’s image. The “online trading platform” reportedly offered trading in “crypto stocks, foreign exchange and contracts for difference, on Facebook and LinkedIn” The scammers claimed to invest on the woman’s behalf and got her trust by allowing her to “withdraw” $58,500 across six payments to her bank account, from her ... (full story)