Father Loses £140,000 in Cryptocurrency Scam Linked to Deepfake Video on Facebook
Dad-of-four loses £140,000 in cryptocurrency scam after seeing deepfake Martin Lewis video on Facebook
Image: Mirror
Wayne Luxon from Taunton, Somerset, lost £140,000 after being scammed through a deepfake video of Martin Lewis on Facebook. He is now part of a group legal action against Meta, accusing the company of negligence in preventing such scams. Another victim, Jakub Siwiak, also shares his experience of being conned through Facebook ads.
- 01Wayne Luxon lost £140,000 after investing in a fraudulent cryptocurrency scheme promoted by a deepfake video on Facebook.
- 02He initially invested £250, which grew to £800,000 on a fake platform before everything vanished.
- 03Luxon took out loans to pay a fictitious tax demanded by the scam, leading to significant financial stress.
- 04Jakub Siwiak, another victim, lost nearly £15,000 through a similar scam on Facebook.
- 05The group legal action against Meta aims to address the issue of online scams and recover lost funds.
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Wayne Luxon, a father from Taunton, Somerset, lost £140,000 after falling victim to a cryptocurrency scam that began with a deepfake video of financial expert Martin Lewis on Facebook. Luxon was drawn in by the promise of easy profits, initially investing £250 which quickly grew to a fictitious balance of over £800,000. After being asked to pay a fake tax to withdraw his funds, he took out loans and depleted his savings, only to find his account balance reduced to zero. He described the emotional toll of the scam, stating it sent him into a 'dark place.' Luxon is now participating in a multi-billion-pound legal action against Meta, the parent company of Facebook, accusing it of failing to prevent such scams. Another victim, Jakub Siwiak, echoed similar frustrations, having lost nearly £15,000 to a fraudulent investment broker advertised on Facebook. Both men are calling for more accountability from the social media giant to protect users from scams.
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The scams have caused significant financial distress for victims, impacting their ability to manage loans and daily expenses.
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