Aug 14, 2026 · 13 min
Paul Scott warns listeners about fake Substack accounts
Paul's Podcast - Fri 14 Aug 2026
The episode pairs a routine subscriber update with a practical warning about scammers impersonating the show on Substack.
- 1Paul Scott opens the week’s final podcast by greeting free subscribers and making the case for paid support.
- 2The episode highlights fraudulent Substack accounts as a direct risk for listeners following the show.
- 3The brief introduction establishes subscription support and account vigilance as the episode’s central concerns.
Don't miss
Paul Scott warns listeners to remain vigilant about fraudulent Substack accounts created by scammers.
The brief
Paul Scott opens the final podcast of the week by welcoming free subscribers and encouraging listeners to consider supporting the show through a paid subscription.
The opening quickly shifts from subscription support to a warning: scammers have created fraudulent Substack accounts, making vigilance essential for listeners.
Substack is central to the episode’s practical concern because it provides the publishing and payment infrastructure that scammers are attempting to exploit.
The episode’s standout moment is Scott’s direct warning about fake accounts, a reminder that following an investment commentator online requires basic account scrutiny.
What was said on this episode
30 statements · 16 positive · 11 negative · 2 mixed · 1 neutral
Substack promptly deletes scam accounts after users report them.
“Substack are very good at deleting them when people alert them to these scam accounts.”
Listen at 0:50
Substack appears to lack an effective scam-account prevention strategy.
“There doesn't seem to be any prevention strategy.”
Listen at 0:58
Paul Scott will not open additional Substack accounts.
“I will never open any other Substack accounts.”
Listen at 1:53
IT teams should prevent a single email click from compromising an entire system.
“their IT people should have put in protection so that you couldn't break the entire IT system by just clicking on a link.”
Listen at 2:30
Cohort is a good share, roughly fully valued, but may have further upside.
“I think it's a very good share, probably about fully valued, I have to say. But there could be more upside on it, I think.”
Listen at 3:34
Cohort shares may have additional upside despite appearing fully valued.
“there could be more upside on it, I think.”
Listen at 3:38
Cohort shares were expected to rise and subsequently did rise.
“the shares are likely to rise today and they have done.”
Listen at 4:11
GB Group’s operating-profit outlook appeared approximately 6% below expectations.
“it looked like about a 6% miss”
Listen at 5:17
GB Group’s operating-profit outlook implied approximately a 6% miss.
“it looked like about a 6% miss.”
Listen at 5:17
GB Group’s weakness may reflect more than a temporary setback.
“this does look like more than just a temporary blip, we think, with GB Group.”
Listen at 6:16
GB Group may be struggling because of competitive pressures.
“It looks like they are possibly struggling with competitive pressures.”
Listen at 6:21
GB Group may become a bolt-on takeover target for an American company.
“I am wondering if it might now be a takeover target, bolt-on acquisition by one of— by an American player, maybe.”
Listen at 6:39
GB Group might now become a takeover target.
“I am wondering if it might now be a takeover target”
Listen at 6:39
GB Group may now be an attractive speculative investment.
“potentially tempting.”
Listen at 6:49
Paul Scott would probably avoid investing in Winking Studios.
“I don't think it looks very— not, not the sort of thing I would probably get involved in.”
Listen at 7:56
Kelso Holdings is pursuing the wrong approach toward The Works Group.
“I think they're going about this the wrong way.”
Listen at 8:21
The Works Group’s board is performing well.
“I think the board of The Works are doing a good job.”
Listen at 8:35
Kelso Holdings has mishandled its attempt to place Graham Coulthard on The Works board.
“I think Kelso have have misfired on this.”
Listen at 8:44
Seeing Machines will probably be fine despite refinancing risk.
“I think it'll be all right, but The risk warning system is there to warn you about risk.”
Listen at 9:36
Rightmove and Auto Trader shares appear attractive.
“I quite like the look of Rightmove and AutoTrader”
Listen at 10:37
Rightmove and Auto Trader appear attractive investments.
“I quite like the look of Rightmove and AutoTrader, I have to say.”
Listen at 10:37
Concerns that AI will disintermediate staffing companies have been greatly exaggerated.
“the worries about AI disintermediation, I think, have been wildly overblown.”
Listen at 10:46
The staffing-sector downturn is cyclical rather than caused by AI disintermediation.
“both Paul and I now believe that it's just a cyclical downturn actually”
Listen at 10:52
Staffing companies are not being disintermediated by AI, based on company evidence and recovery signs.
“we don't think they're being disintermediated because of what companies are saying and the evidence that's coming through of green shoots in the staffing sector.”
Listen at 10:57
Staffing companies are not being disintermediated by AI.
“we don't think they're being disintermediated”
Listen at 10:57
Water Intelligence appears attractively valued.
“That does look good value as well.”
Listen at 11:25
Paul Scott bought a small Devolver Digital position speculating on insider buying before delisting.
“I've bought a few of these just purely one-quarter position size as a fun punt on possible buying by insiders before it delists.”
Listen at 11:43
The Devolver Digital investment is speculative.
“that is speculative.”
Listen at 11:52
Mulberry has more than doubled from its lows following a flagged turnaround.
“We flagged the turnaround here about a month ago and it's up more than double from the lows.”
Listen at 11:55
Mulberry has undergone a turnaround since being flagged approximately one month earlier.
“We flagged the turnaround here about a month ago”
Listen at 11:55
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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