Fraudulent cryptocurrency investment and fake endorsements

Be aware of fraudulent websites offering cryptocurrency investments claiming to have been endorsed by prominent individuals. No such endorsement or consent for use of those individual's images has been given.

What has happened

The adverts using these individuals to promote cryptocurrency investments and falsely make schemes seem real can be found on social media and other websites.

Clicking on the advert takes you to the full article where their images are presented along with fake quotes recommending investments with the fraudulent company in cryptocurrencies.

What you need to do

  • don’t assume it’s authentic: professional-looking websites, adverts or social media posts don’t prove that an investment opportunity is genuine - criminals can exploit 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 make a financial transaction 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 unsolicited investment offers, especially those over cold calls
  • if you’re thinking about making an investment, get impartial advice from an independent financial adviser
  • never use an adviser from a company that has contacted you, as this may be part of the scam

Visit Take Five and Cyber Aware for more information about how to protect yourself online.

If you have been affected by this, or any other type of fraud, call the PSNI on 101, or report suspicious calls like these to Action Fraud or calling 0300 123 2040.

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