LEO Scams On Twitter: A Caution & A Compliment
Someone has copied (or closely replicated) the LeoFinance Twitter handle. They're doing the usual 'send us LEO' and get back some other shill of a coin.
Or perhaps all you have to do is click on the link. Phishing may be an old practice but must still work on the unassuming.
That's Not LeoFinance!
How Dare They?
There's no way all these thousand plus likes and nine hundred retweets came from unsuspecting Twitter accounts. It's either a group or bot responses. Some of them, no doubt, are falling prey. Don't let it be YOU!
The scam is reminiscent of a marketing blog I used to participate in. Almost every day, you could find an article from someone upset about plagiarism or scams on their content.
There are certain steps that can be taken to try to eliminate these types of activities once they've occured. They can be reported to Twitter, Google, etc.
The problem is it takes energy and time to do all that. Is it worth it? If it's not a direct threat to the platform or it's profits.....probably not.
That may sound illogical at first....but most marketers learn to view this behavior as a kind of a compliment.
Welcome to the Big Time!
The truth is that the larger a project grows, the more scams they can expect to see. To spend the time trying to track them down or report them all becomes highly counterproductive.
Nor is it the ultimate responsibility of any project to do that when it happens on someone else's social platform.
Twitter is good at censorship when they don't agree with an account but they can't get rid of the scammers. Is that Leo's problem? Only if it has a negative effect against profit or reputation.
Even Negative Publicity Can Help
So....the scammers can actually end up bringing more awareness to the real deal. Yes, there are those who will undoubtedly pursue the scam. It's an unfortunate part of life online, but isn't anything that didn't happen before the creation of the internet.
Snake oil salesmen took up their occupation shortly after the invention of language. There's no way to stop people from losing their money...even though Governments want to convince us they can.
When you look at the state of affairs in full light, there's usually not much to be done about it. Warning people to not fall for it is about it.
Keep your senses sharp online. Be on the lookout for any more scams/compliments concerning LeoFinance. The way things are going, more are almost certain to show up on social networks. They'll appear in email spam or anywhere else they can think of to sell that oil.
Thanks for reading and as always...
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Posted Using LeoFinance Beta
