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IceSecurity

Economic Commentator Shaul Amsterdamski Denounces Fake Investment Scheme

Translated & summarized from Ice by baba

BusinessCharged tone

Hebrew · Sole source

Economic commentator Shaul Amsterdamski has exposed a fake screenshot circulating on Facebook, falsely claiming he made over 553,000 shekels on an investment. Amsterdamski called the image a "cheap Photoshop" and criticized Facebook for allowing such fraudulent ads. Bank Leumi CEO Hanan Fridman, whose bank is suing Facebook over similar scams, offered to include Amsterdamski and others in the legal action. Investment guru Tamir Mendozyski also reported being impersonated and wants to join the lawsuit.

The story in 5 lines · by baba

  • Shaul Amsterdamski exposed a fake screenshot falsely showing him profiting over 553,000 shekels on investments.
  • Amsterdamski called the image a "cheap Photoshop" and criticized Facebook for hosting fraudulent ads.
  • Bank Leumi CEO Hanan Fridman is suing Facebook over similar deceptive advertisements.
  • Fridman offered to include Amsterdamski and other victims in Bank Leumi's lawsuit against Facebook.
  • Investment guru Tamir Mendozyski also reported impersonation and seeks to join the legal action.

A fabricated screenshot circulating online falsely claims that Israeli economic commentator Shaul Amsterdamski achieved a significant financial gain of over 553,000 shekels on an investment portfolio valued at more than 3 million shekels. Amsterdamski has publicly stated that the image is a "cheap Photoshop" and a forgery, warning the public about fraudulent posts using his name and likeness on Facebook. He described the platform as "burning garbage" and expressed frustration that despite numerous reports, these deceptive advertisements persist.

The fake post depicted an investment portfolio with a current value of 3,158,431 shekels, a purchase cost of 2,604,412 shekels, a profit of 553,019 shekels, and a return of 21.2384%. Hanan Fridman, CEO of Bank Leumi, also commented on the issue, criticizing Facebook for profiting from fake advertisements that target unsuspecting Israelis. Fridman indicated his support for adding victims, like Amsterdamski, to a lawsuit against Facebook, which Bank Leumi has initiated, alleging that the platform generates substantial revenue from these deceptive ads.

Investment guru Tamir Mendozyski also revealed that he is facing similar impersonation issues and has requested to join the legal action against Facebook. The conversation began when a user questioned Amsterdamski about why he wasn't suing the impersonators. Fridman then invited Mendozyski to join the lawsuit, even if he is not a customer of Bank Leumi. The lawsuit against Facebook is currently underway in the Tel Aviv District Court, presided over by Judge Noa Grossman.

IceOther · Tel Aviv

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