Get All Access for $5/mo

Mark Cuban Warns About Fake Fundraisers on Social Media After Assassination Attempt: 'Makes Things Worse' Mark Cuban warned his followers about online grifters who try to capitalize on tragedy.

By Emily Rella Edited by Melissa Malamut

Key Takeaways

  • Mark Cuban took to X on Sunday to warn followers about grifters who use tragic events as a way to capitalize on their financial schemes.
  • Cuban pointed out GoFundMe pages that were supposedly "raising funds for victims" injured during the Trump 2024 rally in Butler, Pennsylvania, but are actually fake.

Opinions expressed by Entrepreneur contributors are their own.

Mark Cuban warned his followers about bad actors after his Google account was hacked and now, the billionaire is making another online plea — beware of tragedy scammers.

Cuban took to X on Sunday afternoon to warn his followers against bots and fake accounts across social media following the assassination attempt of former President Donald Trump on Saturday.

"When tragedy and horrific events like the assassination attempt on former President Trump happens, it brings out these accounts to make things worse and grift," Cuban wrote.

Related: Mark Cuban's Google Account Was Hacked By 'Sophisticated' Bad Actors

Cuban then reposted a thread by AI expert Josh Olin pointing to several fake GoFundMe pages that were already allegedly "raising funds for victims" injured during the Trump 2024 rally in Butler, Pennsylvania.

"They've built an elaborate network consisting of many actors and some AI agents you think are real, you think are your friends," Olin wrote. "It's not just X, by the way. It's all of big tech. LinkedIn is really scary now; people are applying to jobs for fake companies that pay to post real ads, forming convincing shells just to scrape application data or, worse, scam an applicant."

Expecting online pushback, he admitted that some might think it wasn't the "right time" to make a statement.

Last month, Cuban warned his followers after his Gmail account was hacked. Scammers locked him out of his affiliated Google accounts after claiming to be customer support.

Related: Mark Cuban: New Entrepreneurs Often Make One Common Mistake

"Someone was really sophisticated in doing this," Cuban told The Dallas Morning News at the time. "They found a way to get into one of my Google apps. So my Google Account showed me notifications that there was an unknown device using one of my Google apps."

Cuban was granted access back to his accounts the next day.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

How to Start a Multi-Million Dollar Company, According to an IBM Engineer Turned Founder

Leah Solivan took her company from idea to Ikea acquisition.

Side Hustle

This Former Model Used Her Personal Savings to Start a Thrifty Side Hustle — Then Taylor Swift Became a Repeat Patron: 'People Really Responded'

Christy Dawn, founder of her namesake regenerative fashion brand, says she's always been on a mission "to create beauty in everything I do."

Business News

General Motors Announces Over 1,000 Job Cuts in Major Software Division Overhaul

Around 600 cut roles are from GM's technology campus in Warren, Michigan.

Franchise

The Largest Franchise Operator in the U.S. Owns 2,800 Locations — And He Just Added 83 Wendy's to His Portfolio

Greg Flynn of The Flynn Group already operates restaurants under brands including Applebee's, Arby's, Taco Bell, Pizza Hut and Wendy's.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

UK Tech Magnate Mike Lynch Missing After Yacht Sinks Off Italian Coast

One person has died and six people are missing, including four Americans, after the Bayesian superyacht sank off the coast of Sicily.