- Dangote Group has warned the nationalist astir a fake video featuring Aliko Dangote, falsely promoting an concern strategy
- In the video it was promised that investors volition get $1,200 aft committing $250 successful conscionable 24 hours
- The institution disowned the fraudulent advert, urging Nigerians to disregard it and debar falling unfortunate to scammers
Legit.ng journalist Dave Ibemere has implicit a decennary of concern journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.
The Dangote radical has distanced Nigerian billionaire Aliko Dangote from a fraudulent concern strategy circulating online that falsely claims helium is endorsing a program promising to crook $250 into $1,200.
In a connection issued connected Tuesday, March 18, the conglomerate urged the nationalist to disregard the adverts describing arsenic scam.

Source: Facebook
The video which features an AI generated video of Dangote promoting a cryptocurrency concern for speedy returns.
The statement reads:
“ Scam alert! Our attraction has been drawn to a fake video. We impulse the nationalist to disregard and disregard these fraudulent adverts to debar falling unfortunate to scammers."The institution stressed that it is not affiliated with immoderate specified concern programs and volition not beryllium liable for immoderate losses incurred by victims of the scam.
The connection noted:
"The Dangote Group is not liable for immoderate losses oregon claims linked to these scammers.Please disregard these fake adverts."
Source: Getty Images
Rise of AI generated video for fraud
In caller years, fake concern schemes utilizing images and videos of high-profile individuals person go progressively communal successful Nigeria, with scammers leveraging integer manipulation to deceive unsuspecting investors.
This is not the archetypal clip Dangote, Africa’s richest antheral has been a utilized for specified promotional video.
Also, BUA person been forced respective times to contradict fake adverts seeking investements.
Nigerian authorities person repeatedly warned Nigerians to beryllium wary of online scams promising unrealistic returns.
Recently, A 53-year-old French pistillate named Anne said she was tricked into sending £697,000 (approximately N1.3bn) to idiosyncratic pretending to beryllium Hollywood actor, Brad Pitt.
Anne, an interior designer, claimed the scam started successful February 2023 erstwhile she received a societal media connection from idiosyncratic claiming to beryllium Pitt's mother.
In a study by LADbible, the pistillate said she got a connection from different relationship posing arsenic the histrion himself.
Anne was struggling with her matrimony past and recovered comfortableness successful the messages, the study unveiled.
Speaking to French media outlet, BFMTV astir her ordeal she said:
"In fact, we're talking astir Brad Pitt, I'm falling from the clouds. At first, I archer myself it's fake, but I don't truly recognize what's happening to me. After that, we volition interaction each different each time and we go friends."She described the fake Brad Pitt arsenic charming and persuasive, saying:
"There are truthful fewer men who constitute you this benignant of thing. I liked the antheral I was talking to. He knew however to speech to women, it was ever precise good done."Dangote acceptable to commencement 2 caller projects successful Ogun state
Legit.ng antecedently reported that Dangote Industries has unveiled plans for 2 projects successful Ogun State, a seaport and besides cement factory.
The determination comes months aft its 650,000 barrels refinery was completed and started operations.
Dangote said that his projects person made Nigeria self-sufficiency successful cement, fertilizer, and petroleum products.
PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!
Source: Legit.ng