Mr Saghir, 44 was the victim of a type of investment scam. This type of fruad sees victims conned into handing over money to people offering fake, but often very convincing, investments with the promise of big returns.
He said: “I’ve destroyed my life, changed my life so much for the worse and need to warn people – if it can happen to me it can happen to anyone.”
Mr Saghir wants to share his story to try to stop other people from becoming victims.
Listeners of BBC Money Box heard him talk about his experience to Paul Lewis.
He said: “It was for trading on the stock market with stocks and shares. It all looked legitimate, it was on YouTube, so I filled the form in, and it all started from there.
“At the start, we kept the trades small. I wanted to build it up over time and make a legitimate business.
“Initially it started really well.”
Mr Saghir started with an initial £18,000…