Enforcement action · Office of the Attorney General William Tong

Attorney General Tong Warns Connecticut Against Investment Scams on Meta Platforms

Attorney General Tong Warns Connecticut Against Investment Scams on Meta Platforms is an AI-related enforcement action involving Office of the Attorney General William Tong. Connecticut Attorney General William Tong warns against investment scams on Meta platforms, including those using deepfakes and cryptocurrency, and notes an upcoming price restriction on motor gasoline.

Action details

Agency
Office of the Attorney General William Tong
Jurisdiction
CT
Enforcement type
advisory
Document type
guidance
Effective
2026-04-06
AI risk category
high
Topic
consumer protection

Summary

Connecticut Attorney General William Tong issued a consumer alert regarding pervasive investment scams on Meta platforms (Facebook, Instagram, WhatsApp), which leverage deepfake technology and deceptive ads for 'pump and dump,' confidence, and cryptocurrency schemes. Consumers are advised to exercise vigilance, research investment offers, and promptly report any suspected scams to the Attorney General's office. The document also includes a separate warning about unconscionably excessive pricing for motor gasoline or gasohol between April 27, 2026, and May 27, 2026, citing Conn. Gen. Stat. § 42-234.

Primary source

https://portal.ct.gov/ag/press-releases/2026-press-releases/attorney-general-tong-warns-connecticut-against-investment-scams-on-meta-platforms →

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Frequently asked questions

What is Attorney General Tong Warns Connecticut Against Investment Scams on Meta Platforms?
Connecticut Attorney General William Tong issued a consumer alert regarding pervasive investment scams on Meta platforms (Facebook, Instagram, WhatsApp), which leverage deepfake technology and deceptive ads for 'pump and dump,' confidence, and cryptocurrency schemes. Consumers are advised to exercise vigilance, research investment offers, and promptly report any suspected scams to the Attorney General's office. The document also includes a separate warning about unconscionably excessive pricing for motor gasoline or gasohol between April 27, 2026, and May 27, 2026, citing Conn. Gen. Stat. § 42-234. Primary source →
Which agency brought the action?
Office of the Attorney General William Tong brought this enforcement action in CT. Primary source →
What was the penalty?
No specific penalty amount is disclosed in the primary source AIGI tracked for this action. Some enforcement actions resolve through injunctive relief, consent decrees, or behavioural undertakings rather than monetary penalty. Primary source →
When did the action take effect?
The action was effective 2026-04-06. Primary source →
Where can I find the primary source?
The primary source for Attorney General Tong Warns Connecticut Against Investment Scams on Meta Platforms is at https://portal.ct.gov/ag/press-releases/2026-press-releases/attorney-general-tong-warns-connecticut-against-investment-scams-on-meta-platforms. AIGI does not paraphrase secondary commentary — every claim on this page links back to that primary source. Primary source →

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