Giant Bank Warns of Crypto Scams Using Celebrities

According to research by banking giant Santander, crypto currency frauds using the names of celebrities are increasing.

Scammers steal cryptocurrency investors using the names of celebrities in advertisements continues to deceive.

The study by Santander in the United Kingdom found that the number of such cases increased by 61 percent from the last quarter of 2021 to the first quarter of 2022. is showing.

In addition, in these cases, the stolen from the victims average amount of moneyin the first quarter of the year increased by 65 percent compared to the previous year, to £11,872. rose.

Chris Ainsley, Head of Fraud Risk Management at Santander UK, “There is an alarming increase in cryptocurrency scams with the support of celebrities. In such cases, we use the faces people recognize on social media and sometimes in life-changing amounts they are stealing money.” said.

Santander operates in the United Kingdom, subordinate to the global banking giant Banco Santander. By the end of 2021, Banco Santander has 153 million customers.

According to Santander’s estimates such cases of fraud. if its volume continues to grow in this way by the end of the year compared to 2021 increased by 87 percent it could be.

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