Facebook Ads Lead to Fake Websites Stealing Credit Card Information
Briefly

Fraudulent ERIAKOS campaign using 608 fake websites, mobile access, ad lures, and brand impersonation on Facebook to evade detection.
Scammers exploit mobile users with Meta Ads offering fake discounts, impersonating e-commerce giants, power tools manufacturers, and other famous brands.
ERIAKOS campaign distributes fake ads and websites on Facebook, with scam merchant accounts tied to China to manage illicit profits.
Criminal e-commerce networks like BogusBazaar harvested credit card data, as seen by a $50 million profit network using fake online stores for popular brands.
Read at The Hacker News
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