In a recent AICPA survey of 1,018 adults, 58% of respondents said that fake financial news is a serious threat to their financial decision-making. 33% classified the threat as “very serious.”
Most Americans don’t see the problem of fake financial news fading away anytime soon. Fifty-one percent of survey respondents said they believe fake news will become more prevalent in the next one to two years. Only 14% expect it to become less prevalent, while about one-third—32%—believe it will remain the same. The AICPA National CPA Financial Literacy Commission offers the following advice to help consumers identify fake news: Look for telltale signs of a hoax. If a headline makes a questionable claim, or there are grammar errors and typos in the article, this should give you pause. If you’re unfamiliar with the source, research it and read other articles from that source. Investigate the author. Look around for reports from other sources that substantiate the claims.
http://www.journalofaccountancy.com/news/2017/apr/fake-financial-news-201716537.html