Investment ads 'endorsed' by celebrities

Aretnap

adindas said:

PauletteH said:

Any ad featuring any well-known personality is almost certainly a scam. Natwest have compiled a league table of the most ab-used names. Dragon's Den Peter Jones tops the list, closely followed by Sir David Attenborough. Other celebrities appearing on the list include well-known business leaders and popular TV personalities, including, Piers Morgan, Jeff Bezos, Martin Lewis, and Bradley Walsh. Dropped to fifth in the table this year but continues to be used in a high volume of cases, despite him being very vocal that he would never endorse an investment in this way.

https://www.natwestgroup.com/news-and-insights/news-room/press-releases/financial-capability-and-learning/2023/may/dragons-den-star-exploited-by-scam-ad-criminals.html

...Piers Morgan

All of these people are not making majority of their wealth by investing in the stock markets, ETF, Funds, picking up the right stocks, etc. Their skills are different.

.

To be fair to Piers Morgan, he did make a decent wodge from the stock market by buying shares that his newspaper was about to tip to its readers.

http://news.bbc.co.uk/1/hi/uk/4507448.stm

mebu60

Aretnap said:

adindas said:

PauletteH said:

Any ad featuring any well-known personality is almost certainly a scam. Natwest have compiled a league table of the most ab-used names. Dragon's Den Peter Jones tops the list, closely followed by Sir David Attenborough. Other celebrities appearing on the list include well-known business leaders and popular TV personalities, including, Piers Morgan, Jeff Bezos, Martin Lewis, and Bradley Walsh. Dropped to fifth in the table this year but continues to be used in a high volume of cases, despite him being very vocal that he would never endorse an investment in this way.

https://www.natwestgroup.com/news-and-insights/news-room/press-releases/financial-capability-and-learning/2023/may/dragons-den-star-exploited-by-scam-ad-criminals.html

...Piers Morgan

All of these people are not making majority of their wealth by investing in the stock markets, ETF, Funds, picking up the right stocks, etc. Their skills are different.

.

To be fair to Piers Morgan, he did make a decent wodge from the stock market by buying shares that his newspaper was about to tip to its readers.

http://news.bbc.co.uk/1/hi/uk/4507448.stm

I just happened to have a (very) small stake in Viglen at the time. Made a few £££s when the price shot up.