Warning! Bitcoin scam alert. This one says Martin Lewis made millions using Bitcoin System. He didn’t. This is just another celeb scam.
Yesterday I received an email letting me know that Martin Lewis of Money Saving Expert fame, made millions simply by doing something.
Martin Lewis is the founder of moneysavingexpert.com. A website dedicated to helping people cut costs. I thought the email was a bit odd, but I subscribe to their newsletter so I assumed the email was from them. I opened it and clicked a link.
A website called realsmartstart.com came up with an interview supposedly between a journalist and Martin Lewis. I quickly became suspicious at the mention of something called Bitcoin System. I wouldn’t be suprised if Martin Lewis owns Bitcoin, but trading Cryptocurrencies just doesn’t seem on brand. It is too risky, a way to lose money fast, not save it. I skimmed the ‘interview’ and learned that for a small investment, an example is given of £250, a robot would trade BTC for me, and generate massive returns.
I then clicked around on realsmartstart.com, which looks like a news site, and every link took me to the same page flogging Bitcoin System – so far so scammy.
- You sign up, and quickly see high returns.
- At some point you decide to take your cash out.
- Bitcoin System say ‘yes sure, just pay us our admin fee of 5k’.
- This seems a bit steep, but you pay as you have 50k returns.
- Then you wait, and wait. Nothing happens.
- Slowly it dawns on you – the returns were fake – the whole thing was fake, and they have 5k of your money.