Gulf News

Dubai-based TV host denies role in get-rich-quick scheme

Fake advertoria­l shows Uma Ghosh endorsing an auto-trading software for cryptocurr­encies

- BY MAZHAR FAROOQUI

Features Editor - Special Reports

Dubai-based TV host Uma Ghosh has been left aghast after an advertisem­ent for a dubious get-richquick scheme featuring her face and name went viral on Facebook.

Peddled as a news report, the fake advertoria­l shows Ghosh endorsing an auto-trading software for cryptocurr­encies during a talk show.

It even has a purported quote from Ghosh describing how easy it was to “make massive amounts of money” in digital currencies using the automated trader.

“After her initial deposit for Dh1,000 was made, the trading platform went to work, buying low and selling high. Within three minutes she had successful­ly increased her initial funds to Dh1,774. That’s a Dh774 profit,” said the article.

Ghosh said she has nothing to do with the article which has been flooding the Facebook ■ feeds of unsuspecti­ng UAE residents over the week.

“I am not even remotely associated with it. This false advertisin­g is not only tarnishing my image, it’s also luring people to invest in what may well be a scam,” she warned.

“I wrote to the website which published this misleading article, but the email bounced back,” she told Gulf News yesterday. ■

Of late, several high-profile celebritie­s in the UAE and abroad have been wrongly linked to similar fake advertoria­ls involving binary options, auto-trading and cryptocurr­encies.

Among them is British reality television judge and producer Simon Cowell.

Recently, it was reported that Conwell had invested £500,000 of his own capital, calling it a ‘wealth creation system.’

 ??  ?? A screenshot of the fake advertoria­l that shows Uma Ghosh endorsing an auto-trading software for cryptocurr­encies during a talk show.
A screenshot of the fake advertoria­l that shows Uma Ghosh endorsing an auto-trading software for cryptocurr­encies during a talk show.
 ??  ?? Uma Ghosh says the false advertisin­g ‘is not only tarnishing my image, it’s also luring people to invest in what may well be a scam.’
Uma Ghosh says the false advertisin­g ‘is not only tarnishing my image, it’s also luring people to invest in what may well be a scam.’

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