Fact CheckedLast Updated on September 10, 2020 by Alex
We have seen an alarming rise in fake news reports in various forms of social and digital media. However, the most problematic and deceitful kind of fake news is ATL (above the line) fake news articles which appear in conventional or mainstream news outlets such as the BBC, Forbes, or the UK Guardian. The public regards news venues such as the ones mentioned and others similar to be legitimate or genuine news outlets, hence more believable. This is where corporate social responsibility and accountability have to come into play, and where we step in and act as a media Watch Dog whilst trying to expose these fake news articles. Our credo is based on a quote by Justice Louis D. Brandeis, namely that “sunlight is said to be the best of disinfectants”. Wherever we identify fake news in the financial niche which is facilitated by corporations such as media agencies, social networks, digital news outlets, or affiliate networks, we will be there acting as your sentinel always watching and alerting our members.
According to UK Finance, Financial fraud in the United Kingdom only accounts for £732 million in lost funds. But in reality that number is much higher because reports only indicated reported scams, and it is a well-known fact that most scams go unreported. But what most people are not aware of is what happens after victims get scammed and the emotional scars they are left with (not to mention empty pockets). Fake news and scams go hand-in-hand, especially where financial fraud is concerned. The staff and management of CSR Academy is particularly concerned with fake news reports related to Forex and CFD get-rich-quick schemes and fraudulent software in the form of trading signals and automated trading systems (AKA Robots). That being said, all forms of financial scams related to fake news interest us, and we shall do our utmost to expose the rogue elements operating behind the scenes as well as their methods of operation.
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