Bummer… AP Falls For GE Press Release Hoax

Bummer. AP gets egg all over its face.
The AP mistakenly reported today on GE repaying all of its 2010 tax refund.
It never happened.

The AP reported:

The Associated Press mistakenly published a story Wednesday about General Electric Co. that was based on a fake press release.

The fake release said that General Electric, responding to criticism over the amount of taxes it pays, would repay a $3.2 billion tax refund for 2010 to the Treasury Department.

The fake release, which was emailed to the AP, included a GE logo and a link to a website designed to look like GE’s website. The AP published a 90-word story based on the release. Thirty-five minutes later, AP withdrew the story and advised its customers that the story was a hoax.

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