Security News > 2022 > July > Huge network of 11,000 fake investment sites targets Europe

Huge network of 11,000 fake investment sites targets Europe
2022-07-31 14:22

Researchers have uncovered a gigantic network of more than 11,000 domains used to promote numerous fake investment schemes to users in Europe.

Eventually, the victim is convinced to deposit 250 EUR or more, while the details provided on the fake site are stored and used for future campaigns or resold on the dark web.

Once the victim deposits the funds, they get access to a fake investment dashboard that supposedly lets them track daily gains.

This is to prolong illusion of a legitimate investment and entice victims to deposit more money for larger profits.

Real investment platforms don't offer personal account managers for small investments.

When an investment platform grabs your attention, it is advisable to make sure that it's from an established broker.


News URL

https://www.bleepingcomputer.com/news/security/huge-network-of-11-000-fake-investment-sites-targets-europe/