Italian chef Cannavacciuolo rich with cryptocurrencies: usual scam
Italian chef Cannavacciuolo rich with cryptocurrencies: usual scam
Security

Italian chef Cannavacciuolo rich with cryptocurrencies: usual scam

By Eleonora Spagnolo - 15 Jun 2020

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It seems that the scam involving the famous Italian chef Antonino Cannavacciuolo, who allegedly became rich thanks to cryptocurrencies, is back in circulation

The fake news had already been denied last April 6th. The announcement would have the appearance of an article reporting an interview with the head chef of Villa Crespi. Moreover, the article in question seems to be published on the online version of Repubblica, but the same newspaper founded by Eugenio Scalfari has clarified that it is a clone of their website and Facebook page

In short, it’s entirely fabricated. The reason why Cannavacciuolo became rich is due to his fame on television (he is the protagonist of famous programs such as Masterchef Italia and “Cucine da Incubo”), but above all thanks to the quality of the cuisine and the events he hosts in his Villa Crespi.

Cannavacciuolo and cryptocurrencies, a proven scheme

The scam follows a proven pattern, and it is the same one that has already involved other fake testimonials, including Italian singers Jovanotti and Emma Marrone, as well as big international stars such as Formula 1 champion Charles Leclerc and even Harry and Meghan. All of them would have become richer thanks to automatic cryptocurrency trading programs. 

This would also be the “case” of Chef Cannavacciuolo, who according to the fake news would have earned a lot of money by investing a few euros in an automatic cryptocurrency trading program. 

However, it’s all bogus. These programs continue to exploit the faces of VIPs without their knowledge in order to create credibility. 

A flaw in social networks

The fact that social news like this continues to circulate on social media shows that there is something wrong with Facebook filters. The social network seems so careful to censor politically incorrect pages, but it is proving to be able to do very little to contain the risk of fake pages of well-known newspapers spreading scams

Instead, these pages seem to spread very widely on the walls of those who use Facebook. 

The usual advice remains valid for users: always be wary of those who promise stellar earnings with minimal investment

The cryptocurrency world is far from being an El Dorado. Since it is subject to extreme volatility, it is much easier to lose money than to become rich, particularly for those who are not experts in the field. 

Eleonora Spagnolo
Eleonora Spagnolo

Journalist passionate about the web and the digital world. She graduated with honours in Multimedia Publishing at the University La Sapienza in Rome and completed a master's degree in Web and Social Media Marketing.

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