The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
scammers exploit deepfakes and celebrity endorsements in rising investment frauds
Investment scams, particularly involving fake cryptocurrencies, are on the rise, with victims often lured by unrealistic returns and celebrity endorsements. New regulations now allow victims of authorized push payment fraud to reclaim up to £85,000, while the Financial Ombudsman Service offers further recourse. Consumers are urged to verify investment opportunities and remain vigilant against pressure tactics and unsolicited offers.
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