Katie Price fled the country on Friday morning after being left “absolutely devastated” that her fans had lost thousands of pounds after unknowingly promoting a scam company on Instagram.
The 43-year-old model took to the social media site to re-share a photo while sitting at the airport with her fiancé Carl Woods, 31, son Harvey, 19, and daughter Princess, 14.
‘Where are we going?’ Carl asked his family. To which Harvey and Princess replied ‘it’s a secret!’ while Katie cheers enthusiastically.
Holiday: Katie Price was released from the country Friday morning after it was revealed that a scammer who paid her thousands to promote his business had stolen money from her fans
Ahead of her vacation, the model took the opportunity to set the record straight with her fans by posting a lengthy statement on her Instagram stories.
She complained: ‘I am devastated to receive the news about this rogue trader Josh Chandler, if that’s even his real name
“He has not only defrauded me, but also my family, friends, loyal fans and supporters.”
“I want to thank Action Fraud for contacting me, for working with me to investigate this terrible situation.”
‘It’s a secret’: The 43-year-old model was at the airport with her fiancé Carl Woods, 31, son Harvey, 19, and daughter Princess, 14 as they fled to an unknown location
Katie continued: “This is exactly why Harvey’s law is so relevant again, if we had the much-needed support channels and were required by law to provide IDs for setting up social media accounts, then people like this, the so-called Josh Chandler , unable to hide oneself, targeting venerable people [sic].
My heart goes out to everyone who has been affected by this scammer’s deception. I promise you all I will seek justice,” Katie signed off as she hopped on her flight abroad.
The model’s representatives told MailOnline: “This has hit Katie hard, mentally, she needs some rest before she starts to stop these parasites poaching vulnerable and honest souls.”
‘I will seek justice’: Ahead of her vacation, the model took the opportunity to set the record straight with her fans by posting a lengthy statement on her Instagram stories.
The statement comes after it was revealed that Katie’s Instagram followers had been scammed thousands of pounds by the rogue trader she was promoting.
The model was paid to advertise the alleged money-making skills of Forex trader ‘Josh Chandler’ to her 2.6 million followers.
Kate Dalrymple, 40, a nurse from Newcastle upon Tyne, said she lost £825, almost a month’s wages, to the plan.
She was guaranteed £1,250 if she transferred £100, but was then asked to pay a £725 ‘release fee’ with a promise to receive £4,000.
The nurse reported the scam to Action Fraud and at least five others were scammed into sending money to the scam.
Katie Price’s team said the star was also scammed and had no idea it was a scam.
Devastating: Katie’s Instagram followers were scammed out of thousands of pounds after she promoted a rogue trader, it has been revealed
Online users have been warned about rogue Forex traders who promise huge profits for small investments, but many do not have the necessary accreditation or qualifications to offer these services, making them illegal and risking aspiring customers to see their profits flopped.
Forex trading allows you to speculate on the changes in the strengths of different currencies over time and buy and sell them against each other.
Mrs Dalrymple said: The sun: ‘I feel so stupid. But I was always a fan of Katie’s. I thought she was a good mother and related to her.
“Now I feel so abandoned and ashamed. How could she connect her name to this?’
The nurse said she saw Katie promoting Josh on her Instagram Stories and believed it to be real.
She said: “My bank, Lloyds, even called me to report that it looked like fraudulent activity, but again, because Katie Price had approved it, I told them it was real.”
Once she realized what had happened, Ms Dalrymple messaged Katie on Instagram but says she never got a reply and is “disgusted” by her behaviour.
Katie praised “Josh”‘s services at least twice on Instagram Stories, where she encouraged her followers to invest to earn a “safe income.”
Shocking: Kate Dalrymple (pictured), 40, a nurse from Newcastle upon Tyne, said she lost £825, almost a month’s wages, to the scheme
It is believed that the glamor model made a whopping £3,000 each time she promoted him.
Last month, in an Instagram post still visible on ‘Josh”s profile, Katie said, ‘Hey guys, so I want to tell you about a friend of mine named Josh.
“He’s great at what he does and you may have heard about him or seen him on other media sites, if you’re interested in a new, safe and good income…”
Lloyds say they are looking into Mrs Dalrymple’s payment but believe they cannot get her £825 back.
In her messages to ‘Josh’ she was asked to provide her bank details, date of birth and copy of her driver’s license in order to open an account on crypto.com.
The mother-of-one was then asked to transfer more and more money.
She got concerned and asked for reassurance that it wasn’t a scam, to which ‘Josh’ replied, ‘Katie Price doesn’t promote fraud.’
When Mrs. Dalrymple began to worry and demand to know what had happened to her money, ‘Josh’ made vicious threats to her four-year-old son, adding: ‘Obviously you deserve to be ripped off, racist asshole.’
It is illegal to post sponsored content on Instagram without announcing it with the hashtag #ad, the Advertising Standards Authority says, but Katie has not stated that she was promoting the scam and getting paid for it.
It is not the first time that Katie, who was declared bankrupt in 2019, has promoted online forex traders.
The star, who still holds an estimated £3.2 million in creditors, endorsed the Instagram page XChloesWorld, an unauthorized merchant, six months ago.
Financial authorities have asked for the account to be deleted after an online protest.
The Financial Conduct Authority has issued warnings about unauthorized traders on social media sites hiding behind fake profiles.
Katie’s spokeswoman admitted that the reality star had benefited financially from the scheme, but was unaware it was a scam and said she was not aware of previous warnings from financial authorities.
She said: “Katie would never knowingly make a social media endorsement if it was questionable. This recent information has devastated her.’
She added that Katie is also a victim and isn’t the only celebrity to be targeted, with Too Hot to Handle star Nicole O’Brien also promoting the ‘Josh’ scam.
MailOnline has reached out to Katie Price’s representatives and to “Josh’s” Instagram account.
Horrible: 43-year-old model was paid to advertise the alleged money-making skills of Forex trader ‘Josh Chandler’ to her 2.6 million followers (Josh’s only Instagram post is pictured)