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Brazil Warns of Fake Debt Ads

Brazil’s Finance Ministry warned about false ads and messages using government branding to trick people seeking debt renegotiation.

Whalemate Labs · AI-assisted researchPublished:2 min read

Brazil’s Ministry of Finance issued a public warning about false ads and digital messages that misuse the Brazilian government’s name and logos to deceive people interested in renegotiating debts.

Brazil’s Ministry of Finance issued a public warning about false ads and digital messages that misuse the Brazilian government’s name and logos to deceive people interested in renegotiating debts.

What the official warning found

The ministry cited research from NetLab/UFRJ that identified 544 fraudulent ads on Meta platforms between April 1 and June 14. According to the same statement, 72% of those ads improperly used the Brazilian government’s name and image, along with well-known brands from the financial and communications sectors, to appear legitimate.

The ministry also clarified that debt renegotiation is handled directly with the banks. It said the government does not send links, SMS messages, or digital messages for that purpose.

A pattern seen before

Band reported that, according to NetLab/UFRJ, 860 fraudulent ads were found across 152 Meta pages between January and March. During that period, the most common lures were government programs such as Minha Casa, Minha Vida, Desenrola Brasil, and Valores a Receber.

The same report said Meta stated it removes deceptive ads and cooperates with investigations by authorities.

Sources

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