Which? - Beware of dodgy investment ads on Facebook and Instagram
Consumer champion Which? has published an article warning users of Instagram and Facebook to be “wary of investment scams after seeing dodgy ads appearing on these platforms.” They add, “Sometimes, scammers will show you fake returns on your investments so that you keep putting in more money. Other times, they will offer ‘trading advice’ as a way to lure you into larger dodgy schemes.”
Example fake ads claiming to be Terry Smith, Cathy Wood and Bill Ackman:
To read the Which? article in full, please click here: https://www.which.co.uk/news/article/beware-of-dodgy-investment-ads-on-facebook-and-instagram-aid0n3C49RGM
Fundsmith will never provide advice or use Instagram, Facebook or WhatsApp to communicate with clients. Please report any fake groups to us at cybersecurity@fundsmith.co.uk. We will work to have these groups taken down.