Marcus Rashford is the latest celebrity to be exploited by companies selling unregulated investments to consumers. Screengrab of a web page featuring a news story on Marcus Rashford. Photograph: Dagens NyheterPeople who respond to the adverts have their details passed to investment companies, including bitcoin trading schemes and legal, but unregulated, foreign exchange schemes based overseas. The investigation found:A UK-based firm sent out emails suggesting Rashford and other famous names endorsed bitcoin investments. Investors who responded to bitcoin trading scheme adverts were contacted by a forex trading scheme in Cyprus, or found themselves registering with unauthorised schemes subject to FCA warnings.

Source: The Guardian November 30, 2020 14:03 UTC