As you may know, Facebook generates majority of its income from advertisements and that they’re everywhere. By placing false ads that are intended to steal your money, your personal information, some con artists are now making misusing Faccebook’s advertising.
The majority of false advertisements will appear in your newsfeed similarly to the real “Sponsored” items that we are all accustomed to seeing. Just the word “Sponsored” won’t be present above them. You can be assured that anything is a scam if it seems like an advertisement but doesn’t include the word “Sponsored” above it.
Recently, Facebook is showing an advertisement on everyone’s newsfeed where clicking on it will get your computer hacked and you risk losing access to your accounts. Several people have experienced this, and as a result, their Facebook business manager accounts were compromised. This harmful advertisement is still appearing on Facebook despite several complaints being made to Facebook.
If the advertisement is still running, it could get a lot of people into serious problems, so please be informed and share the word. Once your business manager account has been compromised, the hacker uses your ad accounts to execute ad campaigns with extraordinarily high budgets, such as $1,000 per day. They might look a little something like this.
Indeed, Facebook does a bad job of identifying phony ads and removing them before they are published. Always assume the worst when an offer seems too good to be true and you can put those probabilities quite close to 100% if it’s on Facebook. You’ll probably be directed to a malicious website intended to steal your personal information and credit/debit card information if you click or tap on a “bad” advertisement. Also, it’ll probably download spyware into your computer.
The bottom line is that you should always approach every Facebook advertisement with a fair dosage of suspicion, especially those that are featured in your Newsfeed.
Stay safe!
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