Tag: Martin Lewis

Celebrity and influencer investment scams are the new social media reality

Shocking but true. Social media or message services are a main channel for scammers. Over the last four months, the UK National Cyber Security Centre has taken down over 300,000 malicious URLs linking to fake celebrity-endorsed investment schemes featuring famous faces such as Richard Branson and Martin Lewis. Scammers ruthlessly rip off naive consumers and small investors via fake celebrity accounts, unscrupulous influencers, fake success stories, and false endorsements.