A misleading video with millions of views on Facebook falsely implies that the US government is providing new relief funds to Americans.
The May 19 video says, “Americans can get up to $50,000 in relief” through a “new benefit that was just released last week.”
The video begins by showing footage of what appears to be a newscast with a CNN logo at the bottom of the screen and text next to it that reads, “Americans can now claim up to $50,000.” The footage is dated April 22 and is labeled “Breaking News.”
The post was flagged as part of Facebook’s efforts to combat fake news and misinformation on its News Feed. (Learn more about our partnership with Facebook.)
But there is no new government benefit available to Americans. The Facebook video directs viewers to a website that provides quotes for private loans from several lenders.
The TV news segment featured in the video appears to be fabricated. The footage is identical to a video available on stock photography website Shutterstock. We also couldn’t find similar headlines or articles from April 22 when searching CNN’s website and Twitter.
During the Facebook video, a narrator gestures to the fabricated news show and says, “This program has been in the news lately. So a new perk just came out last week, allowing Americans to claim up to $50,000.You don’t need a credit history, no bank requirements.I did it myself and got $8,000 in two days.
He adds, “You just visited this website here.” The site presented is Prêt Personnel Pro.
Personal Loan Pro is a loan comparison website, according to FinanceBuzz, a personal finance site. It matches users with potential lenders, with quotes and terms from multiple loan providers in one place. Going to this website does not automatically guarantee a loan; people still have to submit an application to a lender.
Any money received as a result of finding a lender through Personal Loan Pro is borrowed and must be repaid according to the terms of the loan.
Despite the Facebook post’s claims, Personal Loan Pro is neither a “relief” program nor a new government benefit.
We rate this claim Pants on Fire!