"I was following this guy on Instagram and he always posts with his car, a rose gold Maserati, saying that he's rich and self-made and really young, he's only 21," says Jonathan Reuben, 24, an accountant.
He discovered a foreign exchange trade investment scheme through an account he followed on Instagram.
"At first I put in £1,000 and once I saw I was getting money I deposited a bit more and more. In the end I was scammed out £17,000," he told the BBC's Money Box programme.
Jonathan is one of a rising number of Instagram users who have lost money to alleged fraudsters posting on the social networking service. "
'''I was scammed out of GBP17,000 on Instagram''' - BBC News
He discovered a foreign exchange trade investment scheme through an account he followed on Instagram.
"At first I put in £1,000 and once I saw I was getting money I deposited a bit more and more. In the end I was scammed out £17,000," he told the BBC's Money Box programme.
Jonathan is one of a rising number of Instagram users who have lost money to alleged fraudsters posting on the social networking service. "
'''I was scammed out of GBP17,000 on Instagram''' - BBC News

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