With a pitch that seemed to have the endorsement of Martin Lewis, a renowned personal finance expert, scammers managed to pilfer £40,000 ($50,900) from a woman in Somerset, England.

Lisa, as the Express newspaper refers to her in its story, told the BBC that she had been groomed by online scammers who took out loans in her name. The saga started with a modest £200 investment in Bitcoin in a scheme she believed had the backing of Martin Lewis. Lewis is a highly regarded personal finance expert who regularly appears on television and in the press.

Martin Lewis Is One of the Most Trusted UK Public Figures

However, the scammers would then call her every day, referring to her and their business partner. These calls continued for two months.

At one point, £55,000 appeared in Lisa’s account, all of it borrowed without her permission over 11 separate loans. The scammers had allegedly lied about her income to access the financing through the Experian website. Lisa is now repaying more than £1,000 a month for the next five years.

Martin Lewis, a renowned personal finance guru in the United Kingdom, operates the country’s most popular consumer website, Money Saving Expert. Polls consistently rank him as one of the most trusted individuals in Britain, often the most.

In a September 20

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Author: Josh Adams

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