Titled ScamNation, the report notes how misleading, false and incendiary news about the COVID-19 pandemic evolves on a large scale through “content farms,” which are monetized through ad ads from highly partisan readers such as Newsmax Feed Network. . Some of these ads are designed in particular to lure readers to misleading “subscription traps” for billed products such as remedies or remedies for the virus. A subscription trap works by providing a loose or discounted test of a product while hiding clauses in terms of service that enroll patients on expensive invoices that are made repeatedly, regularly monthly. Sometimes it is difficult, if not impossible, to escape these subscriptions.
Co-written through RiskIQ risk researcher Jordan Herman and independent researcher Ryan Foote, the report obviously defines an ecosystem among partisan content farms that are monetized through advertising revenue, ad networks that earn a percentage of profits and advertisers who use the traffic generated to trap the sick. subscription traps. These fraudulent subscriptions trap fear products such as nutritional supplements or good-looking products, and more recently, intended remedies for COVID-19 in the form of CBD oil.
“Fraudulent ads leading to subscription traps appear to be endemic to content farm sites, however, there is a specific network of corporations and Americans about the COVID-19 pandemic for monetary purposes,” said Jordan Herman, RiskIQ’s risk researcher. “We seek to delve into this ecosystem to show how these murky practices gain advantages for others on a giant scale and therefore make intriguing people make a lot of money.”
Download the report here for an in-depth review of Americans and companies in this scam ecosystem and the tactics their operators use to defraud a large contingent of Internet users: https://www.riskiq.com/resources/research/scamnation/
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