{"id":44048,"date":"2023-12-21T11:39:23","date_gmt":"2023-12-21T11:39:23","guid":{"rendered":"https:\/\/cabanesetcompagnie.com\/?p=44048"},"modified":"2023-12-21T11:39:23","modified_gmt":"2023-12-21T11:39:23","slug":"i-thought-i-was-following-martin-lewis-advice-but-then-i-lost-11k-savings","status":"publish","type":"post","link":"https:\/\/cabanesetcompagnie.com\/world-news\/i-thought-i-was-following-martin-lewis-advice-but-then-i-lost-11k-savings\/","title":{"rendered":"&#8216;I thought I was following Martin Lewis advice but then I lost \u00a311k savings&#8217;"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/joy-foster-5125949.jpg?r=1703156778268\"><\/p>\n<p>Joy Foster was looking to improve her finances so she\u2019d have a nest egg to retire with, however, she ended up losing \u00a311,733 after falling victim to an investment scam she though was Martin Lewis approved.<\/p>\n<p>The 50 year old from Stakeford, Northumberland was fup with ISAs and saving accounts which weren&#8217;t offering much interest and she was eager to see more growth, especially with her retirement in mind.<\/p>\n<p>After spotting an advert for an investment opportunity on Facebook, she thought this was her golden ticket to early retirement from her job as a Resource Planner.<\/p>\n<p>She thought the advert was supported by MoneySavingExpert.com founder Martin Lewis, who she trusts for money advice so she was not hesitant to get involved. Her husband is older than her and already retired so she was looking to retire soon also.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/Martin-Lewis-5125950.jpg?r=1703156778319\"><\/p>\n<p>She said: \u201cI went ahead and enquired. I got a phone call guiding me through the platform, showing me how easy it is to take my money out. I invested \u00a3250 and I saw returns on it quite quickly.<\/p>\n<p>She made four payments, increasing the amount every time. Her bank, Chase, questioned the legitimacy of the first couple of transactions, but as Mrs Foster thought it was safe, she confirmed it was.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/SCAM-5125965.jpg?r=1703156778388\"><\/p>\n<p>However, it wasn&#8217;t until she came across a scam awareness campaign from Halifax bank which sent alarm bells ringing. The scam they were describing seemed exactly like what she was doing.<\/p>\n<p>She explained she wanted to stop investing anyway, but when she tried to take money out, the investment company kept promising \u2018it\u2019ll be the end of the week\u2019 as long as she could pay her withdrawal fees.<\/p>\n<p>Mrs Foster went back to the TrustPilot page and found a reviewer who had left their mobile number as they had also been scammed.<\/p>\n<p>Through this contact, she was welcomed into a WhatsApp group of fellow victims. One member of the group mentioned they had recovered their money through CEL Solicitors. She thought she had lost her money forever however they were able to help her recover her funds in two months<\/p>\n<p> <strong> Don&#8217;t miss&#8230; <\/strong> <br \/> <strong>Martin Lewis tip helps woman secure \u2018massive\u2019 \u00a338,000 back payment[LATEST] <\/strong> <br \/> <strong>Martin Lewis demands debt reform as Britons left with &#8216;suicidal thoughts'[INSIGHT] <\/strong> <br \/> <strong>Money Saving Expert tip to get paid \u00a3200 to switch overdraft to interest-free[ANALYSIS] <\/strong><\/p>\n<ul>\n<li> <svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/path> <\/path> <\/g> <defs> <clippath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"><\/rect> <\/clippath> <\/defs> <\/svg> Support fearless journalism<\/li>\n<li> <svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/path> <\/path> <\/g> <defs> <clippath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"><\/rect> <\/clippath> <\/defs> <\/svg> Read The Daily Express online, advert free<\/li>\n<li> <svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/path> <\/path> <\/g> <defs> <clippath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"><\/rect> <\/clippath> <\/defs> <\/svg> Get super-fast page loading<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/logo\/logo-premium-subscription.png\"><\/p>\n<p>She continued: &#8220;Now I just don\u2019t trust anything. I don\u2019t even have an ISA anymore, my money is in one bank account and I know it\u2019s not growing but I\u2019m just happy with the four percent interest now.<\/p>\n<p>\u201cI felt stupid. I couldn\u2019t believe I\u2019d been caught out by a scam, I thought I was ahead of that, I\u2019m quite level-headed. My husband was so supportive through it all. I felt awful, this money for retirement was gone.<\/p>\n<p>&#8220;But thankfully I joined this WhatsApp group and found out there is help out there. I feel it\u2019s not promoted enough.\u201d<\/p>\n<p>CEL Solicitors help victims of all types of fraud recover their losses, but investment scams are particularly rife. Paul Hampson, CEO of CEL Solicitors said: \u201cMrs Foster was scammed in 2022 when she thought she was making smart investments for her financial wellbeing.<\/p>\n<p>\u201cScammers go to great lengths to con people, and no one should feel stupid for falling for it. They are making careers out of everyday people\u2019s money, and social media sites and banks should be doing more to stop them.<\/p>\n<p>\u201cWe\u2019re delighted that in this instance, we were able to recover Mrs Foster\u2019s losses and she can continue planning towards that early retirement.\u201d<\/p>\n<p>The Money Saving Expert website warns: \u201cWhether it&#8217;s Martin&#8217;s pic on PPI claims firm or boiler incentive ads, scam binary trading ads, energy door-knockers using our name, or Bitcoin pop-ups with an image of Martin encouraging you to invest, they are all an attempt to leech off the hard-earned trust people have in us.<\/p>\n<p>\u201cDon&#8217;t touch the ads.\u201d<\/p>\n<p>Source: <a href=\"https:\/\/www.express.co.uk\/finance\/personalfinance\/1847871\/martin-lewis-scam-warning-investment-retirement-planning\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joy Foster was looking to improve her finances so she\u2019d have a nest egg to retire with, however, she ended up losing \u00a311,733 after falling victim to an investment scam she though was Martin Lewis approved. The 50 year old from Stakeford, Northumberland was fup with ISAs and saving accounts which weren&#8217;t offering much interest and she was eager to [&#8230;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&#039;I thought I was following Martin Lewis advice but then I lost \u00a311k savings&#039; - cabanesetcompagnie<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cabanesetcompagnie.com\/world-news\/i-thought-i-was-following-martin-lewis-advice-but-then-i-lost-11k-savings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;I thought I was following Martin Lewis advice but then I lost \u00a311k savings&#039; - cabanesetcompagnie\" \/>\n<meta property=\"og:description\" content=\"Joy Foster was looking to improve her finances so she\u2019d have a nest egg to retire with, however, she ended up losing \u00a311,733 after falling victim to an investment scam she though was Martin Lewis approved. 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