Australia’s richest person Gina Rinehart issues alert over social media investment scam using her image

Article by Rebecca Le May courtesy of the West Australian.

Gina Rinehart has issued an alert over an investment scam bearing her image that’s doing the rounds on social media, the second time she’s had to do so this year.

Australia’s wealthiest person posted a brief statement on her private company’s website about the scam, showing a doctored image of her seemingly on the Today morning TV show, with the strap emblazoned “Loophole to Riches: Gina Rinehart about her income”.

“Mrs Rinehart and Hancock Prospecting Pty Ltd have been made aware of fake social media posts and associated news stories, alleging that Mrs Rinehart has an association with a company that sells shares resulting in an alleged monthly income,” the statement read.

“Mrs Rinehart does not have an association with such a company, and has not made the alleged investment or recommendations or quotes set forth in these false adverts.

“These adverts are designed to use Mrs Rinehart’s positive corporate image to lure people into a scam.”

Earlier this year, the billionaire sounded an alarm over bogus social media posts and accompanying news stories alleging she had invested $5 million in a start-up cryptocurrency platform, with the claim “it can make you rich in seven days”.


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