28 Nov '11, 10pm

Not Just Google: Regulators Shut Down Bing, Yahoo Mortgage Scam Ads

The fake mortgage programs that brought Google under recent scrutiny don't seem to be run by Google-exclusive con artists. Mortgage scams that claim to provide assistance from the U.S. government have also been located in Microsoft adCenter. Microsoft has cooperated in banning the associated advertisers from Bing and Yahoo search results. According to the statement from SIGTARP (the Special Inspector General for the Troubled Asset Relief Program), at least 125 illicit companies of this nature were identified. The investigation, however, remains ongoing. Microsoft, meanwhile, has extended its cooperation in much the same way Google did earlier on in the investigation. Microsoft proactively shut down the accounts of more than 400 advertisers that were connected to the 125 mortgage scam companies. "Many homeowners who have fallen prey to these scams were enticed by web banner...

Full article: http://searchenginewatch.com/article/2127978/Not-Just-Goo...

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