Twitter announces new financial scams policy
Posted On : Tuesday, September 24, 2019, 4:49 AM
Microblogging site Twitter introduced a new policy to prohibit financial scams on the service. As per the company’s new financial scams policy, using scam tactics on Twitter to obtain money or private financial information is prohibited. The company said users are not allowed to create accounts, post tweets, or send direct messages that solicit engagement in fraudulent schemes. Examples of prohibited, deceptive tactics under the new policy include relationship/trust building scams, money flipping schemes, fraudulent discounts, and phishing scams. Twitter said the consequences for violating the new policy will depend on the type and severity of the violation as well as the previous history of the violations. The actions the company may take could include locking of accounts, blacklisting URLs, tweet deletions and temporary account locks, and also permanent suspension.