e-money

But after seeing the e-money firm advertise its cryptocurrency services, he decided to give it a try.

Calling himself Carl, he set up an account for Des with Revolut, an e-money firm which has nine million customers in the UK, and took a £1,000 investment.

Dr Kumar is one of more than 100 people who have told the BBC they feel poorly treated by Revolut after being scammed, following a Panorama investigation into the e-money firm.

The e-money firm, founded in 2015 by two former bankers, has nine million customers in the UK and announced record annual profits last year of £438m.

The figures come after BBC Panorama revealed earlier this week a stream of cases involving e-money firm Revolut.