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Facebook on Friday afternoon was investigating what appeared to be a new spam scheme that results in users getting messages from friends over Facebook chat that have malicious links.

The messages say "LOL is this you?" and are accompanied by a link that looks like it leads to a video on Facebook, one victim told CNET. In his case, clicking the link directed to a Web page with a "404-Page Not Found" error message and his account sent the spam out to at least one of his friends, he said.

The spam was also reported on Twitter, but at this point the outbreak seems to be minor.

A Facebook spokesman said the company is looking into the matter.

The spam message is similar to ones used in several phishing attacks on Twitter in February.

CNet has the details HERE!