The scam ads show the money saving expert seemingly promoting a number of investment schemes.

Two of the most common frauds that the deepfake Martin Lewis videos promote are Quantum AI and XTradeMax.

Together these two schemes are believed to have stolen tens of millions of pounds from the UK public.

Scammers are posting these deepfake videos across every social media platform including Facebook, Instagram and X.

For people unaware of how easy it is to produce these deepfake videos the schemes seem incredibly convincing.

Martin Richardson, a senior partner at Richardson Hartley Law, said: “Scammers are playing on Martin Lewis’s good name to steal money from unsuspecting investors.

“We have cases where individuals have lost hundreds of thousands of pounds.

“More should be done to stop these deepfake Martin Lewis ads from appearing across social media.”

If you have fallen victim to a deepfake Martin Lewis ad contact us today.

The post Deepfake Martin Lewis Ads Warning appeared first on Richardson Hartley Law.

We examined our own data and found that two-thirds of our fraud victims had suffered with some sort of vulnerabilty.

This can vary from being recently widowed or divorced to elderly or having English as a second language..

Many of those interviewed said that being duped had left them with severe depression and some had said that they contemplated suicide as a result of falling victim to fraud. The three most common emotions described by the victims were ‘shame’, ‘anger’, and ‘upset’.

The Sunday Mirror ran the story as an exclusive.

Read the story in full: Scammers target most vulnerable with two thirds of victims struggling with mental health – The Mirror

The post Two-Thirds Of Fraud Victims Vulnerable appeared first on Richardson Hartley Law.