MSE News

Warning. There's been a spike in fake emails claiming to be from Martin – don't be fooled

Warning. There's been a spike in fake emails claiming to be from Martin – don't be fooled

We've seen a spike in reports from MoneySavers who've received emails using Martin Lewis' image to advertise Bitcoin trading – but Martin NEVER endorses products, and nor does MoneySavingExpert.com, so don't be fooled.

Fraudulent ads using Martin's name or image to advertise products and schemes, such as Bitcoin, are unfortunately nothing new. Facebook even agreed to launch a scam ad reporting tool on its site and app to combat fake ads, as a result of a campaigning defamation lawsuit by Martin.

But we've seen increased reports of scam emails using Martin's name and image to push Bitcoin schemes, with 28 people telling us they've received the ads over a 24-hour period.

The scam emails tend to use a picture of Martin along with a claim that he 'lends a hand to British families' with a Bitcoin scheme, promising profits of £450 per day, as seen below.

In the emails we've seen, the sender appears as 'Martin Lewis OBE' – but when you look more closely, the emails are actually being sent from a variety of domains, none of them associated with Martin or MSE.

We've been unable to trace any firm called Bitcoin Future, so have been unable to ask if it is aware of these emails.

As we've seen so many reports in such a short space of time, we wanted to warn against these emails and make it clear they are nothing to do with Martin or MSE.

If you've been taken in by one of the many false ads out there, you're not the first and you are not alone. See what to do if you've been scammed for more information, including how to get help from the dedicated Citizens Advice Scams Action service.

For full info on spotting the ads and keeping yourself safe, see our Fake Martin Lewis ads guide. If you spot a fake ad featuring Martin, report it to us at fakead@moneysavingexpert.com.