Deposit Scams Advertised on Google

Bronte said:
Sorry if this is a stupid question, surely the CB's everywhere have a department for following potential scams.
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If they do have such a department - the CBI department are not proactive enough / perhaps only act on reports. Google is littered with scam deposit adverts - perhaps the CBI are not engaging with Google on this.
 
The CBI have responded with the following:



Good news - CBI have already issued a warning about these scammers.

Bad news - Google continue to be inept and continue to show adverts from these scammers.

I have asked the CBI to contact Google - will see what they say.
 
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They are pretty good at hoovering up ad revenue though. I still recall when I first heard an IT expert explain to me "If you aren't paying Google, then you're the product, not the consumer".
 
So many of these scam websites popping up lately...I had someone cold call me offering to connect me with new deposits on a Revolut account. I laughed and hung up, these Fintechs would absolutely not be coldcalling someone to set up deposits - they´re not allowed to play broker or give financial advice I think
 
The Central Bank of Ireland have responded to my email about whether they should work with Google to stop these scams with the below:


i.e. Will not say if they will take action or not.

Surely the CBI can state clearly at a high level as to whether they work with online platforms or not?

Meanwhile, Google have rejected my further complaints.

But Google seems to have removed the 'European Deposit' adverts (as far as I can see anyway) but still have Irelandratefinder.com scam adverts.

Not sure what else can be done to stop Google showing these scams as adverts?
 
Hi Lightning

The Central Bank is telling you that it has investigated these and probably issued warnings.

It uses its "statutory obligations of confidentiality" as a smokescreen to avoid discussing any issues with the public.

Bring it to the attention of the Oireachtas Finance Committee who will ask the Central Bank about it at their next visit.

Brendan
 
This is shocking ... Google showing scam cryptocurrency advertisements featuring Michael Martin.

Scam cryptocurrency ads on Google featuring Tánaiste Micheál Martin were paid for in Russian and ‘shown four million times’

Online scam advertisements featuring images of Micheál Martin were bought by someone using the Russian language and were viewed by thousands of unsuspecting Irish people.
m.independent.ie

Google need to be forced to:
- Human reviews of all adverts before publication.
- Only accept financial adverts from firms that are authorized by the Central Bank of Ireland.
 
Is Coimisiún na Meán in operation yet?

I presume it will be just as effective as the Broadcast Authority of Ireland in regulating outrageous stuff on radio and TV.

I suppose I might as well bring this to their attention as well.

Coimisiún na Meán | Online Safety

Coimisiún na Meán is putting an online safety framework in place in Ireland which will make digital services accountable for how they protect people, especially children, from harm online.
www.cnam.ie

Brendan
 
Central Bank used to be pretty active on the advertising issue but it may have been with entites that they regulate.

They definitely went through my websites in 2013 or 2014 as they contacted me about changing the regulatory disclosure statement text on one of them from ....is regulated by the Financial Regulator to ....is Regulated by the Central Bank
 
GSheehy said:
They definitely went through my websites in 2013 or 2014 as they contacted me about changing the regulatory disclosure statement text on one of them from ....is regulated by the Financial Regulator to ....is Regulated by the Central Bank
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That is typical. Wasting time on non-issues, instead of addressing real issues.
 
Google only care about their advertising revenue. dont give a damn about the people to whom they are pushing these 'adverts'....only that google get paid. a long way from their original 'dont be evil' mission statement.
 
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