Martin Lewis warns scams are 'getting a lot better' as he says what you should 'never' do
manchestereveningnews.co.ukMartin Lewis has issued a warning over vulnerable customers being targeted by malicious scammers. It comes after UK banks warned that customers could have £100 million stolen from them throughout December alone.
Speaking on The Martin Lewis Podcast, the money-saving expert himself said he was 'heavily involved' in the campaign to get scam advert regulation included in the Online Safety Bill.
He highlighted that regulation around harmful content online will take roughly 12 to 18 months to be implemented. However, he said Ofcom will likely only have the powers to tackle scam adverts in around two-and-a-half years. Read more: Aldi's message to shoppers as £7.50 Christmas turkeys to go on sale next week Read more: Ofgem introduces new rules to help "vulnerable customers" as price cap set to rise Because of this many social media users will still be at a high risk of falling for some scam adverts, including ones that use Martin Lewis' face which he stressed are always fake.
Later on in the podcast, Martin provided some of his top tips to avoid scammers and potentially losing your money. He said: "Always be vigilant when you're approached by a person or company selling you something you have not requested, cold calling is a warning.
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