ESPN: New digital ad scam threatens to put college sports into a dark period
- by admin
ESPN Cred: A college football team that lost its home game to an ESPN ad fraud scheme is seeking federal help to keep its games in their home state.
The NCAA has been alerted to the scheme and will be taking action as soon as it is deemed appropriate.
The news comes as a group of college football teams have faced a wave of ad fraud and are being investigated for possible fraud and money laundering.
The teams’ home games have been postponed to their respective cities.
The new ad fraud scam involves an ad network that creates bogus online ads for the colleges game, according to The Associated Press.
The ad networks’ ads are then shared with the colleges on Twitter and Facebook.
The colleges then take money from the ad network to cover the costs of hosting and staffing the games.
The ads appear to target college athletes and college teams with high ratings on social media and direct them to a fake site to receive more ad revenue.
The ads often include false information and are not always accurate.
Some of the ads also include links to websites that are not affiliated with the teams.
The college teams often do not know that the ad fraud site is being used to promote their games, according the AP.
The NCAA is investigating the matter and has asked for assistance from the Department of Justice, which is part of the Justice Department’s antitrust division.
If the NCAA is found to be in violation of federal antitrust law, the NCAA would be subject to fines of up to $1 billion.
ESPN Cred: A college football team that lost its home game to an ESPN ad fraud scheme is seeking federal…