Summer bonanza for CRYPTOCURRENCY SCAMMERS  | The Crusader | Finance

Cold calls are luring people to sign up to cryptocurrency sites parading false endorsements from well-know brands, to share bank and driving licence details, then open a trading account with a deposit and place further investments before the site deactivates. 

Don’t be fooled, Action Fraud’s golden rules for those tempted to invest:

• Don’t assume it’s real – professional-looking websites, adverts or social media posts don’t always mean that an investment opportunity is genuine. Criminals can use the names of well-known brands or individuals to make their scams appear legitimate. 

• Don’t be rushed or pressured into making a decision – a genuine bank or financial organisation won’t force you to part with your money on the spot. Always be wary if you’re pressured to invest quickly or promised returns that sound too good to be true. 

• Stay in control – avoid uninvited investment offers, especially those over cold calls. If you’re thinking about making an…