‘Bloody awful!’: Martin Levis strikes Cripto SCAMS to Stay victims Fraud

Martin Lewis and Elone musk It doesn’t seem to be much in common. One is a reliable British personal finance guru; The second is the richest person in the world and a close ally of Donald Trump. However, their wisdom and wealth, that is, they make them a powerful weapon for fraud.

“I have a suspicious honor … to use myself in more fraud from anyone else in the UK, although I would never have told about advertising,” Lewis Guardian said.

“If you add to Elon musk, between us, we are huge most fraud ads,” says Founder Moneisavingekpert.com, referring to the data compiled by the Action Fraud, in the UK Collaboration Center ciber crime.

LEVIS’S status as a force for good means that when it offers advice, people obtain. As a result, fraudsters overcome with their public with public to send what “shortcuts of psychological message,” he says. “I’m there to show a” reliable financial source “, Elon musk has” great wealth “.

This week, Guardian investigation at 35 million dollars (£ 27 million) The scam shone in tactics on tactics that investment frauds are used to cheat the British from millions of pounds each week.

The fraud was exposed to huge leakage data on the Call Center for Call Center in Swedish public RTV service SVT, which shared files with international media partners. Of about 2,000 victims, he convinced that he was shared with the greatest amounts, 652 was from Great Britain.

So how can you, or your loved ones avoid join your ranks?

When it comes to investment fraud, a false cryptocurca peaks on the list, but fraud more too good-future opportunities to buy other things, as gold, wine, property, carbon loans and land, where land is divided into smaller plots.

Last data from the UK’s banking trade body showed that investment fraudsters were cheated on Britain of 56ms in the first six months of 2024. However, they will not report crime, often because they feel uncomfortable or shy that they entered.

These frauds are usually a type of authorized fraud for Push payment (application), which involves fraudulating someone to send money from your bank account.

For victims often starts by clicking on (false) ads with social media or warning news. It is usually advice for allegedly great cryptic investment, but it is actually a trick that only leads to frauds that are falsely represented by the real job.

Impatient investors initially takes over a small sum, say £ 250, and before they know it – thanks to things such as sophisticated software that shows the seeming live trading screen – they adore.

These types of fraud, this “profit” is pure fiction, serves as bait: victims usually lose great money trying to cash. “Visa” is always blocked by the need for another payment, is it a broker or tax account compensation. It just ends when the victim is broken.

In addition to the way, fraudsters are played at the idea that traditional banks and government suspect the crypto and see it as a threat. This helps convince victims to seduce their bank on the right purpose of their transaction.

In the meantime, the instability of cryptocurries and perceptions that people can become rich overnight provides the perfect fault for fraud. As a result, the number of crypt’s scams signed into the financial behavior (FCA) is more than 2020. years, says the financial guard.

Faced with trying to fight this growing problem, FCA bears a list of Cripto scam “Warning” on your site. Advises people to be “extremely careful” if any of the answers to the following questions is “yes”:
Have you contacted the blue?
Are you putting under pressure to put it quick?
Was it promised to return the investment unrealistic?
Are they trying to lamish you?

If you want to do your homework on the investment, start by checking whether the company or individual is authorized. Almost all firms of financial services in the UK must be authorized or registered by FCA and will be on Financial services registration.

Another useful means is a guard SCAMSMART INVESTMENT CHECKKER.

You should check whether the company’s reference number and contact information match those in the register. If there are no contact information or firm says they are outdated, call FCA at 0800 111 6768. Remember, some companies pretend to be authorizedTherefore, always use the contact information about the Financial Services Register.

Meanwhile, Lisa Webb, a consumer expert who, “You can also use the image in reverse image. Sometimes Deepfake is the image that you already exist, so that it is a good way to find the original and confirm that the ad you’ve seen is probably light.”

Also, whatever you do, don’t Give your access to your device by downloading the software or application from the source you do not believe. This could allow fraud to take control of your device and access your bank account.

The good news is that if you killed the victim to Fraud app, you are more likely to be able to return your money back From the payment company you used. This is because the new rules have forced banks to issue a refund up to more than £ 85,000 entered into effect in October.

There is also an option to raise your case with the service of the financial ombudsman (FOS), which has a 10030,000 pound compensation limitation. It is a free service, and the FOS was a process for consumers to follow His website.

“Many cases we now see that they include cryptocurrencies,” says Pat Hurley, the director of the Ombudsman at the FOS. Along with many high street banks that blocked the CRIPTO payments, the organization also sees all larger numbers of “multistral fraud”, he adds.

These are frauds in which they encourage people to cross money across various banks or other payment providers to make the victim buy cripto as part of false investment, says Hurley.

He adds: “People need to be awake when presented by an amazing return on investment – especially online. Every day we see that the reality is that it is often a fraud.”

The victims are often dazzled upon returning blockbuster. Unfortunately, the return submitted to actual investments in the real world are usually less turbo-accused. When the Hargreaves Lansvovn investment looked at the average annual return submitted by comparable investments during the 20-year-old period, determined that capital in the UK has submitted 7%, while the number is 16.4% for technological actions. Done for gold brought an annual return of 11.2%.

“If you show your investment and it is said that it can achieve much more returns than these, you might want to ask yourself why?” Victoria Hasler says, Head of Fund’s research at Hargreaves.

“The higher return is usually compensation for more risk. For actions, you should expect a long-term return about 7-10% per year,” she says. “Technology returnees were very high in the last few years, distorting the long-term average for the sector, but we would necessarily expect it to continue.”

And what about the cript? Hasler is Stern: “Hargreaves Lansdown does not offer any cryptic currencies. The FCA also banned the sale of crypt’s derivations for damage they represent. Speculation in cryptures is an extremely high risk and should not be associated with investment.”

It adds: “Certificates are not good indicators because they can be easily faked, and even if they are real, they do not guarantee that the person supporting them has any special investment knowledge.”

Many victims of fraud, guardian of the guard said that they lost the amount of money, the situation lewis describes as “damn awful.”

“Stories I’ve heard of people who lost their savings life and their self-esteem, they are breaking the heart because of these criminals.”

Meanwhile, Lewis is in her advice: “All I can say in public is that if you see any famous advertisement on social media (or in every advertisement) you need to be a scam until you are directly corrupted from a reliable source.”