Money Saving Expert (MSE) founder Martin Lewis beforehand took to social media to challenge a stark warning. In a submit on X, previously often known as Twitter, he urged the general public to “not trust” sure callers, revealing that individuals are receiving unsolicited calls providing grants whereas fraudulently invoking his identify.
He defined: “I’m getting reports that a firm is cold calling people offering grants for renewables and quoting that MARTIN LEWIS had encouraged people to engage with the company. The call is UTTER B******S! This is not true. Don’t trust them. Politely disengage and don’t speak to them.”
Previously, MSE has drawn consideration to scammers exploiting Martin’s picture in commercials, with the monetary skilled himself warning the general public that he has no connection to such promotions. As the Liverpool Echo beforehand reported on the time he tweeted the warning, it is due to this fact very important that you just keep away from any firms that say in any other case and deal with it as fraud.
MSE warns: “They’re dangerous and you should be on your guard. Martin NEVER endorses products and nor does MSE – so don’t be fooled.”
The firm add: “To be clear, when we say Martin and MSE never endorse products, we mean we don’t put our name or logo to ANYTHING. Yes, we mention individual products and services on our site, but we don’t ‘support’ them.”
April 1 adjustments to pay attention to
Be additional cautious about rip-off calls this week. Energy payments are anticipated to drop by about 7% from April, with the Government saying households may save round £150 on common.
When adjustments like this are introduced, scammers typically attempt to take benefit. They could even faux to be Martin or use his model to look reliable and trick you into sharing private or financial institution particulars.
Check what’s truly altering and whether or not you’ll want to do something – most individuals gained’t. Forecasts counsel Ofgem will decrease the power worth cap by £117, bringing it right down to £1,641 a yr for a typical dual-fuel house from 1 April. The official announcement is anticipated on Wednesday
In November, Chancellor Rachel Reeves stated £150 can be knocked off the common family invoice from April by scrapping the Energy Company Obligation (ECO) scheme launched by the Conservatives. However, households have been warned to not count on a flat £150 low cost. The actual saving will rely upon the scale of the house and the way a lot power is used.
What do I do if I’ve come throughout a Martin Lewis rip-off?
Details in regards to the fraudulent Martin Lewis commercials and the best way to safeguard your self in opposition to them could be discovered right here – together with warning indicators to look at for. The MSE workforce has additionally set out measures that will help you keep away from scams, alongside recommendation on what motion to take in case you suspect you’ve got already been caught out.
CALL: Ring your financial institution instantly and halt any funds that have not but gone via (together with recurring funds). For comfort and pace, you may dial the 159 hotline to succeed in the fraud division of main banks.
REPORT: Report the rip-off to Action Fraud on 0300 123 2040 or by way of the Action Fraud web site (England, Wales or Northern Ireland). If you are in Scotland, report a rip-off via Advice Direct Scotland on 0808 164 6000 or by way of the Advice Direct Scotland web site. You may also report scams to Police Scotland on 101. Another possibility (UK-wide), if it is an internet rip-off, is to report it to the Advertising Standards Authority. Do this along with reporting it to Action Fraud / Advice Direct Scotland.
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https://www.express.co.uk/news/uk/2173967/martin-lewis-scam-warning-money-saving-expert-founder-says-don-t-trust-them