Scammers are trying to trick investors by using a fake Mirror website. Links to fake Mirror website are being promoted on social media and through direct emails. A WhichUK journalist tweeted about the scam reporting that Bitcoin scammers are using fake daily mirror articles. They are also using Martin Lewis’s image, who is the founder of moneysavingexpert.com and a well-known business journalist. Last year England fell victim to more than 18 million dollars for these type of crypto scams.
Martin Lewis last year sued facebook because his details were being used in fraudulent get-rich-quick schemes. The social media platform didn’t take any action to prevent those scams. Now his face is being used in fake Mirror articles promoting bitcoin investment.
The Reach Plcwho owns the publication in a statement to WhichUK news outlet said that they are aware of the issue, and their digital and legal team are working to address it. They also mentioned that their website does not indulge or promote any get-rich-quick schemes related to bitcoin. They also urged their readers to report if they see any misleading article that suggests these sort of schemes.
Money Saving Expert in a statement also said that any advertisement, tweet, or any email that does not link back to MSE is fake. The company in the statement also clarified that all companies that endorse get-rich-quick schemes had used Martin’s name without permission.