Recently, Lisa (pseudonym), who lives in Somerset, UK, lost £ 40000 in online fraud. She invested in cryptocurrency because she believed she had received guidance from money saving expert Martin Lewis.

Martin Lewis is well-known in the UK and has spent years teaching people various money saving techniques. However, a spokesperson for the money saving expert said, "Martin Lewis never advertises or advocates for investment. Any hint you see is fraud and scam

Mistakenly believing in Martin Lewis online, the woman was cheated of 40000 pounds

According to Lisa's description, she met a scammer after seeing an advertisement on Facebook and decided to invest £ 200 to purchase cryptocurrency Bitcoin.

She stated that the scammer called her every day for about two months, gradually gaining her trust and claiming that the two were business partners. He has won my trust, and from beginning to end, I thought he was the real Martin Lewis

Before Lisa realized she was being scammed, the fraudster had already opened an account in her name and used her false income information to apply for about 11 loans, which resulted in her owing a large amount of money.

Finally, with the support of Trading standards and the police, Lisa reached some agreements with the loan company that she would pay the minimum amount and protect her credit rating as much as possible. For the next five years, Lisa will have to repay over £ 1000 per month.

I feel very foolish and ashamed, "she said. I still won't answer the unknown number. I live in fear. They have my address. They have all my contact information. I have to change all my passwords and bank information because I don't know what they can do

There is no exception! Martin Lewis, the original anti-counterfeit

In fact, there are not many scammers impersonating money saving expert Martin Lewis online. Previously, there was an advertisement on Facebook that included a deep fake video impersonating him. In the letter, the person promoted a Quantum AI investment plan reportedly supported by Elon Musk. Lewis quickly exposed this video on social media.

He wrote on Twitter, "This is too scary. This is the first deep fake video scam I have ever seen involving me. The government and regulatory agencies must step up efforts to prevent large technology companies from publishing such dangerous fake products. People will lose money and ruin others' lives

He told the BBC, "Now they have video and audio technology that can completely replicate my face and voice. These people are trying to distort and damage my reputation in order to deceive money from vulnerable groups

With the assistance of AI technology, online investment fraud and pig killing scams are highly prevalent. Janet Quinn, head of anti fraud at Trading standards, stated that online cryptocurrency fraud is on the rise. At present, cryptocurrencies, Bitcoin, and any type of investment scam are rampant. Due to the cost of living crisis, people are trying to find a quick or easy way to make money, which also allows scammers to take advantage of it.