Ads Using Images Of The Richest Man In New Zealand Are Used To Advertise A Bitcoin Scam


The richest man in New Zealand, Graeme Hart, has been affected by a recent Bitcoin (BTC) scam that spread on social networks. Scammers are using his images to promote a fraudulent Bitcoin investment business.

Graeme Hart Affected By A Bitcoin Scam

There have been many different Bitcoin scams around the world over the last years. One of them was related to stealing pictures of recognized individuals and using them to promote fraudulent Bitcoin investments.

Graeme Hart is the richest man in New Zealand and a group of scammers is using his figure to promote false investments. The ad navigates users to a website that include several articles that feature quotes from Hard about how he invested in Bitcoin and digital assets. However, these quotes are not real. They are all invented to attract users and smaller investors.

According to a recent report released by the NZ Herald, the scammers behind the site have also taken additional steps and put the NZ Herald branding on these articles. Thus, it seems that Hart was featured in this newspaper. Nonetheless, none of these articles are true and are not associated to the NZ Herald or Hart.

The NZ Herald explains that this is not the first time that a high-profile individual is targeted in ads related to fake investments in digital currencies. Last year, the Prime Minister Jacinda Ardern was also used in a Bitcoin scam that encouraged Kiwis to start investing in a fraudulent start-up At that time, the scammers added the CNN logo and the Twitter handle of the tech reporter Seth Fiegerman.

There have been many other individuals involved in these kind of scams. Fraudsters try to attract investors by using the images of recognized people to make them beleive that they invested in digital assets and that they are good investments. Scammers are also becoming more sophisticated trying to attract a larger number of victims.

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