Join Quartz investigations editor John Keefe and reporters Jeremy Merrill and Hanna Kozlowska at 11am ET for a discussion about their investigation into Facebook ads and a scheme to trick conservatives out of their savings. Click here to join.
John, Jeremy, and Hanna found that dozens of older conservatives drained their retirement savings into a silver coin scheme supercharged by fear-mongering Facebook ads. The ads drove a boiler-room-style sales operation that played on victims’ fears of big government and Wall Street, convincing them to invest their retirement savings in ways that instantly lost thousands of dollars.
The operation relied on millions of dollars of Facebook ads and has run mostly unchecked for nearly two years.
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