Martin Lewis: beware fake Rachel Reeves scam ad

[Retro]

Here's one of the latest scams to beware of. Mind you, these things really aren't hard to spot, so dunno how so many people fall for them.

Martin Lewis has warned of a “wild west” of online scams after criminals used a fake interview with Rachel Reeves to trick consumers into sharing their bank details before the budget.

The Guardian spotted an online advert from an outfit calling itself “Quantum AI” designed to look like a BBC News article covering an interview with the UK chancellor. The advert was headlined “By order of Rachel Reeves, UK residents will start receiving income from taxes.” It purported that people could receive £2,300 payouts if they applied early.

The advert, which was presented as an interview between Reeves and LBC’s Iain Dale, directed applicants to fill in their bank details on the Quantum AI website. To create a sense of urgency, the ad claimed there were fewer than 800 out of 4,000 places left.

Martin Lewis warns of online scam ‘wild west’ over fake Rachel Reeves ad

Money expert urges Ofcom be given more powers as interview with chancellor used to trick people to share bank details

www.theguardian.com