NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

Damien Venuto: Prime Minister Jacinda Ardern's face used in Bitcoin spam

Damien Venuto
By Damien Venuto
Damien Venuto is a business writer for the New Zealand Herald·NZ Herald·
18 Oct, 2018 04:00 PM6 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Imagery of Prime Minister Jacinda Ardern has been used to questionable ads on Facebook. Image/Facebook.

Imagery of Prime Minister Jacinda Ardern has been used to questionable ads on Facebook. Image/Facebook.

COMMENT: As Prime Minister, Jacinda Ardern's photograph appears in a lot of places - including a recent promoted Facebook post that looked like a news story and pointed readers to a "new investment plan for Kiwis".

If they clicked through, online users were forwarded to a faux news article claiming that New Zealand Treasury had invested $250 million in a bitcoin start-up and that New Zealanders stood to make massive profits by doing the same.

Lending extra credibility to the website was a CNN logo and the byline and twitter handle of Seth Fiegerman, a respected US-based tech reporter.

The fake news site featured the branding of CNN and the byline of a respected tech writer. Photo/Online.
The fake news site featured the branding of CNN and the byline of a respected tech writer. Photo/Online.

The entire thing – from the initial Facebook post, to the fake news site, to Fiegerman's byline – is an elaborate ruse leading users to a bitcoin spam site, promising outrageous returns from investing in the highly speculative cryptocurrency market.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Been seeing quite a few articles in recent weeks allegedly written by me popping up in my Twitter mentions. Mostly about Elon Musk and Bitcoin, for whatever reason. pic.twitter.com/p3UsabrXRR

— Seth Fiegerman (@sfiegerman) December 28, 2017

What's most worrying is not the use of Ardern's likeness or the name of a popular journalist, but rather the ease with which spammers are able to target Facebook users with highly relevant and potentially harmful information.

The thing is, not everyone across the nation would have seen that ad. I suspect the only reason it squeezed into my newsfeed is that I tend to keep an eye on the bitcoin price as part of my job. That search history was then equated to an interest in the topic and used to target me.

It's important to remember, says Netsafe chief executive Martin Cocker, that the ad targeting tools of Facebook and other social media platforms are open to both legitimate businesses and to spammers.

Pretty much anyone with a credit card could set up a faux business and start targeting users with creepily specific details.

Advertisement
Advertise with NZME.

Another recent personal example came in the shape of a series of Facebook ads for premium surfboards, selling at a tenth of their usual cost. Once again, the ads were perfectly attuned to my interests and the connected online retail store did a great impersonation of any number of legitimate online surf stores – glitches, unresponsiveness and poorly cropped images only added to the authenticity in this case.

"The thing with online advertising is that there are so many great legitimate deals that it can be difficult to spot those that are fake," says Cocker.

"The rule of 'if it's too good to be true' isn't as easy to apply these days."

Facebook does a reasonably good job of removing scam ads, getting rid of 837 million pieces of spam and disabling 583 million fake accounts from January to March this year.

Discover more

Business

What the end of the Fairfax era means for Stuff

26 Jul 05:00 PM
Business

Comment: Ads on Netflix? It's not as bad as it sounds

23 Aug 07:37 AM
Business

Nike on fire: why 'a little hatred' is good for business

06 Sep 05:00 PM
Business

Medicine for misleading advertising

20 Sep 05:00 PM

But it's a never-ending battle, which at best can look like an elaborate game of whack-a-mole. As soon as Facebook eliminates one offender, another pops up in its place – as indicated by the surfboard ads.

Over the course of a weekend, I was offered variations on the initial surfboard ads via a number of online stores, differing only in name and almost inseparable in their aesthetics.

One of a number of iterations of cheap surfboards ads fed served through Facebook. Photo/Facebook.
One of a number of iterations of cheap surfboards ads fed served through Facebook. Photo/Facebook.

"The cost of putting up an online business is low," says Cocker, explaining scammers can quickly create a new fake store to replace one that was previously banned.

It's a problem that even the New Zealand Government is battling to contend with.

"When we are advised of, or discover, examples of fake news that fraudulently use images of the Prime Minister, we immediately inform Facebook, who are usually pretty good at taking them down," the Prime Minister's press secretary Julie Jacobson told the Herald.

"We did let them know about the latest ones, that you have flagged. However, we aren't able to manually or digitally monitor the increasing volume of fake news that fraudulently uses images of the Prime Minister.

Advertisement
Advertise with NZME.

"Unfortunately this seems to be happening more regularly and is difficult to prevent."

All this is part of the reason why Facebook is investing heavily in artificial intelligence that can quickly flag offending content and remove it before it reaches too broad an audience.

Alongside these steps, Facebook has also increased its team of content reviewers to ensure more human eyes are closely watching what gets served through the interface. However, given the hundreds of millions of posts churned out on the channel, it's questionable how effective these eyeballs will be in keeping track of all the information published daily.

The most annoying ads

On the topic of highly personalised targeted ads, it's also worth questioning whether it's really in the best interests of legitimate brands to use these tools too often.

Recent research from Accenture found that 35 per cent of consumers find it creepy when served an ad on a social site for something they had searched for on a brand website.

The only categories of targeting viewed as creepier were receiving a text (41 per cent) or mobile notification (40 per cent) from a brand retailer when walking past a store.

Advertisement
Advertise with NZME.

The Accenture paper says that although there is always room to personalise certain experiences, many brands are choosing the wrong tactics.

A more effective engagement tactic, according to the research, was the example of a brand sending a personalised apology to a customer who had a poor in-store experience.

Do we need a new digital media minister?

When former Broadcasting and Digital Media Minister Clare Curran was removed from Cabinet, her portfolio was passed on to Kris Faafoi.

This added to a workload that already included the challenging civil defence and commerce and consumer affairs portfolios – which poses the question of whether Faafoi has enough time to focus on broadcasting or the increasingly important digital media aspects of his duties.

MP Kris Faafoi is a busy man at the moment. Photo/File.
MP Kris Faafoi is a busy man at the moment. Photo/File.

Asked whether there were plans to announce a new minister to take over Curran's previous portfolio, Jacobson kept her cards close to her chest, saying only that as a former journalist and experienced MP, Faafoi "is well-placed and enthusiastic about the broadcasting and digital media portfolio".

No one is questioning Faafoi's commitment or skill level, but even the most talented among us has a limit in terms of how much they can achieve in a working day.

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Business

Premium
Opinion

Bridget Snelling: How financial education can transform NZ's small-business landscape

20 Jun 03:00 AM
Premium
Media Insider

Court writer: Polkinghorne pitches his own book; TVNZ v Sky in Olympics showdown

20 Jun 01:00 AM
Premium
Property

'Māori are long-term investors' - learning from success and failure working with iwi

20 Jun 12:00 AM

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.

Latest from Business

Premium
Bridget Snelling: How financial education can transform NZ's small-business landscape

Bridget Snelling: How financial education can transform NZ's small-business landscape

20 Jun 03:00 AM

OPINION: Improving financial literacy is vital for New Zealand's small businesses to grow.

Premium
Court writer: Polkinghorne pitches his own book; TVNZ v Sky in Olympics showdown

Court writer: Polkinghorne pitches his own book; TVNZ v Sky in Olympics showdown

20 Jun 01:00 AM
Premium
'Māori are long-term investors' - learning from success and failure working with iwi

'Māori are long-term investors' - learning from success and failure working with iwi

20 Jun 12:00 AM
Premium
50 years on the ice: How an Olympic gold medal kickstarted a couple's business

50 years on the ice: How an Olympic gold medal kickstarted a couple's business

19 Jun 11:00 PM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP