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Scam information

This content is based on victim and potential victim accounts. Government agencies and legitimate business names and phone numbers are often used by scam artists to take advantage of people.

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Description

The press release by Newsfile Corp is promoting known fraudulent projects. Both apenft marketplace and bunny planet have been confirmed scams by users experiencing losses yet the press release by Newsfile gives direct links to both sites. The site for bunny planet is now inactive (ie. rugpull) but the link is still there in the PR promoting it. Apenft is on the alberta security commission watchlist as an investment scam. Hundreds of thousands of dollars were lost by the community evidenced by user reports on social media. The allegations are serious and include but not limited to developer draining investors' funds, money laundering, & fraud. Newsfile (the original source publisher of the PR for the scam companies) is aware yet does nothing to warn the public. Meanwhile, Newsfile promotes accuracy and reliance on its publication for investment decision yet will pass the buck! Many other questionable projects are being promoted by Newsfile as well without proper vetting, monitoring or updating. Readers and investors beware! Newsfile is used to promote international scammers to reach north american investors.

Dollars Lost

$70000

Targeted Person's Location

BC, CAN- V6G 1E1

Scammer Information
Scammer location logo

Toronto, ON-

Mobile logo

(604) 609-0244

Web logo

https://www.newsfilecorp.com/release/131549

Scam Type

Investment

Learn More

Business name

Newsfile Corp

Date Reported

January 11, 2024

Scam ID

794417


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