Numismatic News

ANATOMY OF Fraudulent Facebook Ads

Online scams related to counterfeit coins and precious metals continue to escalate, and a major tool used by fraudsters is the utilization of Facebook pop-up ads to scam unsuspecting victims, according to the non-profit Anti-Counterfeiting Educational Foundation (ACEF).

“ACEF and its working group, the Anti-Counterfeiting Task Force, have seen an increase in reports of fraudulent Facebook pop-up ads selling counterfeit coins and precious metals,” said Doug Davis, ACEF director of anti-counterfeiting. “Although there are other social media and e-commerce platforms selling

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