Somerset woman loses £40k in online scam

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Somerset woman loses £40k in online scam
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A woman loses £40,000 after falling for an advert claiming to be backed by the Money Saving Expert.

A spokesperson for Money Saving Expert said: "Martin never does adverts and never promotes investments."If you see the post online, don't engage with it, as it may be trying to trick you into handing over information.Lisa decided to invest £200 in the cryptocurrency Bitcoin after she saw an advert on Facebook."He told me we were business partners," she said.

"I asked well where has it come from? I got a little bit angry, he became abusive and he said if I didn't comply then I would lose all the money I'd made," she said.Lisa said she received support from Citizens Advice Bureau, the Trading Standards Agency and the police.

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