Quantum AI – Martin Lewis Impersonation, FCA Warning & Investor Recovery Guide
Refundee is currently representing clients who report losing money to a reported fraudulent investment scheme commonly referred to as Quantum AI.
The scheme has been widely promoted online using fake advertisements impersonating financial expert Martin Lewis, a tactic frequently used by scammers to gain trust and legitimacy.
Martin Lewis has repeatedly warned the public that he does not promote investment platforms, and his company MoneySavingExpert has previously confirmed that many online adverts using his name are fraudulent.
The Financial Conduct Authority (FCA) has also issued a warning regarding Quantum AI, stating that the firm may be providing financial services without authorisation.
Refundee is currently helping affected investors recover funds through UK banking regulations on a no win, no fee basis.
If you invested with Quantum AI, you can complete our claim form for a free assessment to find out whether you may be eligible to recover your funds.
What was Quantum AI?
Quantum AI has been advertised online as an automated trading platform that claims to generate high returns using artificial intelligence and advanced trading algorithms.
Advertisements for the platform have appeared across social media, online news websites and sponsored adverts, often featuring fake endorsements from well-known figures such as Martin Lewis.
Investors have reported the following red flags:
Promises of high or guaranteed returns
Initial contact through social media advertising or online pop-ups
Pressure to invest quickly or deposit additional funds
Requests for “withdrawal”, “tax” or “verification” fees
Difficulty or inability to withdraw funds
Use of celebrity endorsements
The impersonation of Martin Lewis to show a ‘safe’ investment
Scammers often use celebrities to make their company seem legitimate to investors. Martin Lewis is a regular victim of a fake celebrity endorsement due to their involvement within financial services.
This is a common tactic used by fraudsters and with the advancements in AI technology, celebrity impersonations are becoming even more prevalent within scams.
ITV have highlighted the issue in the article: Celebrity Scams: Are You At Risk?
They state: It’s estimated that a staggering £20 million has been lost to scams that have exploited fake images and videos of Martin.
Financial Conduct Authority (FCA) Warning:
Checking the FCA register is an important step before investing with any company offering financial products or investment opportunities.
Can You Recover Money Lost to Quantum AI?
If you have lost money to Quantum AI, recovery may still be possible depending on how you paid.
Investors who transferred funds from a UK bank account may be able to pursue reimbursement through Authorised Push Payment (APP) fraud.
Refundee is currently helping victims who invested in Quantum AI to recover funds through UK banking regulations.
It is also important that you cut contact with the company as it is common in cases like this to request further fees or pressure victims to pay “withdrawal” or “tax” fees.
You can read about some common red flags to look out for on our blog about investment scams.
Who can Refundee help?
If you have invested from a UK bank account then Refundee may be able to help, you can Start Our Claim form on our website.
Refundee manages the process from initial investigation through to bank complaints and escalation to the Financial Ombudsman Service where appropriate.
Our fees are transparent and structured on a no win, no fee basis.
To date, we have helped recover over £120 million for clients affected by scams. You can read more about our clients' experiences with us on TrustPilot.
How would the process work?
Refundee manages the case from start to finish.
The process typically involves:
1️⃣ Investigating the circumstances of the investment
2️⃣ Preparing a complaint to the bank
3️⃣ Escalating the case to the Financial Ombudsman Service where appropriate
Recovery cases typically take 6–12 months, although timelines can vary depending on the circumstances.
More about Refundee
Here are the technical bits:
Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.
Registered with the Information Commissioner's Office; registration number: A8986071.
Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
Registered as a company in England & Wales; number: 12855931.
Frequently Asked Questions (FAQs)
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Quantum AI has been advertised online as an automated trading platform that claims to generate high returns using artificial intelligence and advanced trading algorithms.
Advertisements for the platform have appeared across social media, online news websites and sponsored adverts, often featuring fake endorsements from well-known figures such as Martin Lewis.
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Stop all contact with the company, especially if they request further payments like tax or withdrawal fees. These tactics are typical of scams that aim to extract even more money. Refundee can explain the process.
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Recovery may be possible depending on how you paid. Refundee can explain the process on a no-win, no-fee basis.
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Recovery cases typically take around 6–12 months, but timelines vary based on the bank and complexity of the situation.
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The Financial Conduct Authority (FCA) has issued a warning regarding Quantum AI, stating that the firm may be providing financial services without authorisation.
