Cryptocurrency celebrity endorsement scam warning issued by Nat West

 Cryptocurrency celebrity endorsement scam warning issued by Nat West

NatWest has issued an alert to people to beware of cryptocurrency scams.

The bank said it has prevented millions of pounds from being sent to “crypto-criminals”.

The frauds typically involve criminals posting adverts online carrying a bogus celebrity endorsement on a fake website with an article promoting cryptocurrency.

Investors are asked to complete a contact form and the criminal uses these details to follow up with a telephone call.

During the call the fraudster, posing as a cryptocurrency trader, helps the victim open a wallet with a cryptocurrency trading platform and in the process persuades the victim to install remote access…

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