Rumours about Facebook's privacy resurfaced on the social site and had been shared thousands of times, which claimed that the firm planned to charge £5.99 to keep profiles private. Panic ensued.
The hoaxers asked users to copy and paste a status to avoid paying the fee. Thankfully, Facebook quickly quashed the rumour.
Sucks to be you if you believed the nonsense.
Others didn't hang around in sharing posts poking fun at the individuals who fell for it.
Note to self: Don't believe the hype.