Thursday, 4 August 2022

Celebrity investment scams surge, with victims losing up to £370,000

Fake cryptocurrency ads are the most popular type of scams that use images of celebrities to endorse dodgy money-making schemes. The scams, which offer you the opportunity to make money by investing in fake schemes, are exploiting victims amid the cost of living crisis.

Find out which celebrities' images and reputations are being abused by fraudsters and what the scam ads look like so you can dodge them.

Celebrity scams

Avoid and Report Bitcoin Scam sponsored on social media.
If you think you've spotted a scam online, the Advertising Standards Authority (ASA) has a tool that you can use to report misleading or scam online ads.

Beware phone calls from 'your bank' after receiving fake texts

Scammers will initially cast their nets wide, sending thousands of fake text messages seemingly from legitimate companies. But for some, tha...