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Phony Billionaires on Facebook Are Scamming Americans Out of Their Life Savings

Wednesday, October 23rd, 2024

 A fake Bill Ackman, a bogus Cathie Wood and a false Steve Cohen are among the impersonators luring victims on social media, and their real-life counterparts can’t keep up. A fake Bill Ackman, a bogus Cathie Wood and a false Steve Cohen are among the impersonators luring victims on social media, and their real-life counterparts can’t keep up.

​WSJ.com: Markets

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