Cybercriminals Clone CNN, BBC, and CNBC Sites to Lure Victims into Investment Fraud

Cybercriminals Clone CNN, BBC, and CNBC Sites to Lure Victims into Investment Fraud Researchers have unveiled a sprawling cybercrime syndicate orchestrating an elaborate phishing and investment fraud campaign by cloning legitimate news outlets such as CNN, BBC, CNBC, News24, and ABC News. This operation leverages domain spoofing and typosquatting techniques to fabricate over 17,000 baiting websites across 50 countries, primarily targeting users in the United States. Global Network of Fake News Portals The campaign integrates programmatic advertising on platforms like Google and , where posts feature sensational headlines like “Shocking: [Local Celebrity] Backs New Passive Income Stream for Citizens!” These ads, often hosted on dormant social media profiles with no followers or historical activity, employsocial engineering tacticsto draw victims into a multi-stage fraud funnel. Upon clicking these deceptive advertisements, victims are redirected to counterfeit news sites mimicking major...