Barclays has issued an important warning to its customers who are at risk of losing thousands of pounds.
This spike is being fuelled by scammers taking advantage of their ability to promote unverified financial adverts on social media sites; more than 6 in 10 investment scams now take place on these platforms. A common trick that scammers will play is to get their victims to invest a small amount at the start – this then seemingly returns high rewards, which the scammers pay out from other victims’ money.
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