Public warned over criminals using celebrities to promote fake investments

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The UK's National Cyber Security Centre warns that websites advertising fraudulent investment schemes are on the rise.

Mr Lewis, who was given an OBE in 2014, said he was aware of a woman who had lost £100,000 as a result of a bogus advert featuring his face and initially made the lawsuit to force Facebook to tackle the advertisements.

The City of London Police, which leads on cyber fraud activity such as investment scams - which cost the public over £197m in 2018 alone - is also issuing a warning. "Celebrity endorsements are just one way criminals can promote bogus schemes online. People should not be fooled by images of luxury items such as expensive watches and cars, and posts on social media showing extravagant lifestyles, which are often used to persuade you to invest.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If you would invest your hard earned money because a “celebrity “ is attached to it then you deserve to lose your money, just because they’re on the box in your living room doesn’t mean they’re clever

How sad to stoop the low

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines