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Lewis warns of online scam 'wild west' over fake budget advert
The Guardian
|October 21, 2024
Martin Lewis has warned of a "wild west" of online scams after criminals used a fake interview with Rachel Reeves to trick consumers into sharing their bank details before the budget.
The Guardian spotted an online advert from an outfit calling itself Quantum AI designed to look like a BBC News article covering an interview with the UK chancellor. The advert was headlined: “By order of Rachel Reeves, UK residents will start receiving income from taxes.” It purported that people could receive £2,300 payouts if they applied early.
The advert, presented as an interview between Reeves and LBC’s Iain Dale, directed applicants to fill in their bank details on the Quantum AI website. To create a sense of urgency, the ad claimed there were fewer than 800 out of 4,000 places left.
Quantum AI has been promoted in AI-generated deepfake videos of Lewis, where the consumer champion and founder of MoneySavingExpert appears to urge people to invest in an Elon Musk-backed project.
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