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Scammers Use Name of Elon Musk to Fleece Twitter Users

A Twitter spokesperson told the BBC it "doesn't comment on individual accounts for privacy and security reasons"

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Musk may buy GM plant to boost Tesla production. (VOA)

Scammers have again abused Tesla CEO Elon Musk popularity to fleece Twitter users after hacking several popular accounts.

British fashion retailer Matalan, film distributor Pathe UK and US publisher Pantheon Books were among those whose accounts were taken over by scam artists, the BBC reported on Monday.

The hackers used Elon Musk name and likeness to ask for Bitcoin – a cryptocurrency – by promoting an ad on Twitter.

The tweet asked users to give away a small amount of Bitcoin to supposedly receive more.

Several other verified accounts (the ones with the blue tick), which were also hacked, appear in the tweet’s comments to claim that they have received Bitcoin from Elon Musk.

To make the accounts appear legitimate, the scammers used accounts with Twitter’s own verification mark.

Clicking on any of the links in the scam guides users to a page where they are urged to send anywhere from 0.1-one Bitcoin to the scammers — with the promise that they would receive one-10 Bitcoin as a reward, the report said.

Elon Musk, tesla
Tesla CEO, Elon Musk. (Wikimedia Commons)

But the victims do not receive any Bitcoin after sending money to the scammers.

The scam is made to seem more trustworthy as various other compromised accounts reply to the tweet claiming that it works.

The tweets have since been deleted with many accounts recovered, though some were left blank while waiting for their owners to re-enter their name and profile picture, the report said.

A Twitter spokesperson told the BBC it “doesn’t comment on individual accounts for privacy and security reasons”.

Also Read- Apple Halts Planned Production Boost For iPhone XR

An early form of the scam appeared in March. Again, in August, one impersonator broke into Musk’s official account with a fake lookalike verified account, promising his followers free Bitcoin and ethereum cryptocurrencies.

In fact, the scam became so frequent on the social network that the Tesla chief was briefly blocked from his own Twitter account after he parodied the scam by sending last month a tweet asking: “Wanna buy some Bitcoin?”, the BBC report said. (IANS)

Next Story

Elon Musk Becomes Longest Serving CEO in Global Automotive Segment

Musk has repeatedly pushed workers to hit quarterly goals while managing all the extra production and delivery work piling up toward the end of a quarter

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Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

For many of us, Tesla is a new entrant in the global auto industry but Elon Musk has actually become the longest serving CEO in today’s automotive segment.

The feat was achieved when then-Daimler CEO Dieter Zetsche, serving as the German automaker’s CEO since 2006, retired in May this year, Teslarati reported on Wednesday.

Musk took over as the electric car maker’s CEO in 2008.

Renault-Nissan-Mitsubishi saw veteran CEO Carlos Ghosn quitting over his alleged connection with a high-profile financial scandal.

Last month, Mitsubishi also announced the departure of its CEO Osamu Masuko.

BMW CEO Harald Kruger has also announced his retirement.

Elon Musk, CEO of SpaceX and Tesla. Wikimedia Commons

Many automakers have new CEOs and only Akio Toyoda of Toyota who joined in 2009 is close behind Musk.

Under Musk, Tesla is breaking all records. The electric car-maker achieved a record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles in the second quarter of 2019.

In the quarter (April-June 2019), Tesla produced new 72,531 Model 3 sedans and delivered 77,550 of those.

Also Read: WhatsApp Messages Can be Traced Without Diluting end-to-end Encryption

In addition, 14,517 new Model SX cars were made and 17,650 of those were delivered.

Customer vehicles in transit at the end of the quarter were over 7,400.

Musk has repeatedly pushed workers to hit quarterly goals while managing all the extra production and delivery work piling up toward the end of a quarter. (IANS)