Fake News Scam Sites Advertising On Real News Sites
Virtual_Raider writes "Wired is running a story about a new twist in the never-ending quest to prove P. T. Barnum's adage. Old: Scammers are creating fake news sites that look almost like the real thing. New: They are advertising on real news sites, making it difficult for unwary readers to catch on they are being duped with fake coverage of get-rich-quick scams. Among those running the scam 'news' ads are the Huffington Post and Salon. From the article: 'The story has art, it has a sidebar, there's weather, supposed reader comments — even ads. Steadman is described as "a mother from San Francisco" — at least, when I read the article. Thanks to cutting-edge reporting techniques perfected by News 5, she will automatically move to the geolocation of your internet IP address when you read it. Look, she lives right in your neighborhood!'" Forbes also wrote about the scam news sites a couple of weeks back.
The summary could at least tell us what news sites it is showing up on. Huffington Post and Salon are almost as reliable as The Onion.
The truth is that all men having power ought to be mistrusted. James Madison
Interesting idea and it seems like it'd have some worth - but considering the power of these industries, it's pretty much just a pipe dream as they won't allow congresscritters to do that.
"Sometimes the thing that you think isn't a scam, is a scam, and the thing that you think is a scam, isn't a scam at all. And sometimes that, itself, is the scam! So as you can see, things can be pretty tricky out there for consumers."
"And for reporters!"
When did the future switch from being a promise to a threat? -C. Palahniuk
The problem is, fraud is generally more about a one-time theft than duping you into buying inferior goods. When the snake-oil salesman came to town selling his potions, he promised they would work if you took them for 7 days, but he made sure to leave after about 5 days. He didn't care about selling you the same potion over and over, he only needed to sell it to you ONCE.
You're right that market forces will eventually hurt the sellers of inferior goods, but that's not the kind of "fraud" that's most common.