Martin Lewis appeared clsoe to tears as he described how people were losing hundreds of thousands of pounds to online scammers.
The money saving expert described how fraudsters were using his reputation and image to dupe people into handing over their cash.
Speaking to Nihal Arthanayake on BBC’s 5live radio show, he said that more needed to be done to tackle financial crime, and that “fi nancial crime and fraud and scams are an unpunished crime in this country.”
He later apologised for ‘losing it’ during the interview.
After explaining how scammers used fake online systems, and false initial successful investments to persuade people to plough more money into schemes, Mr Lewis emotionally described how people had turned against him due to fraudsters using his name.
He said: “ The first guy was a man who was very angry with me because I had promised it was a ‘no lose investment’ in an advert and he wanted his money back from me. When I told him it was a scam he didn’t believe me and called me a scammer.”
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He then got emotional, detailing a grandmother who had lost her grandchildren’s savings due to a scam.
Almost moved to tears he…