The Martin Lewis Podcast The Scams Epidemic: A Martin Lewis Podcast Special
Nov 24, 2024
In this insightful discussion, guests include Des Healy, a victim of a deepfake investment scam; Chris Ainsley, Head of Fraud at Santander; Lindsay Fussell from Ofcom, and Commander Stephen Clayman from the Metropolitan Police. They delve into the rise of online scams, emphasizing deepfake technology and its emotional toll on victims. Expert tips on identifying scams, navigating new regulations, and protecting vulnerable populations are shared. The guests stress the urgent need for collaboration among banks, police, and tech firms to combat fraudulent activities.
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Des Healy's Deepfake Scam Experience
- Des Healy lost £5,000 in savings and owes £70,000 in loans due to a deepfake scam.
- He clicked on a Facebook ad featuring a deepfake of Martin Lewis promoting a Bitcoin investment.
Scammers' Tactics: Exploiting Trust
- Scammers exploit trust by using Martin Lewis's image as a symbol of trustworthiness and Bitcoin as a get-rich-quick scheme.
- The scams themselves aren't related to Bitcoin; it's merely a lure.
Watch Out for Urgency
- Be wary of urgency in investment opportunities.
- The more urgent and secretive the deal, the higher the likelihood of a scam.