Capitalizing on the new Instagram short-form video platform Reels, which launched on August 5th, scammers immediately began profiting from the sale of phony views and likes. According to a Business Insider report, one seller made enough in five days to buy “a good car and decent home.” The scammers used botnets to register all the fraudulent likes and views, which sold by the thousands. Prices ran around $5 per thousand views and $15 per thousand likes.
