‘Worrying rise’ in crypto scams claiming to be celebrity-endorsed seen by bank
Santander UK said. Based on the current growth in these frauds, Santander UK is expecting to see an 87 per cent increase in volume of cases in 2022, compared with 2021. Familiar faces are being misused on social media in order to con people out of often life-changing sums of moneyChris Ainsley, head of fraud risk management, Santander UK, said: “We’re seeing a worrying rise in ‘celebrity-endorsed’ cryptocurrency scams, where familiar faces are being misused on social media in order to con people out of often life-changing sums of money.