Financial scams 101

Not everyone you meet in the world of finance is to be trusted with your money.Some will tempt you with too-good-to-be-true investments offering "guaranteed" and sky-high returns.Others will tell bare-faced lies, and trick you into sending vast sums to their own bank accounts. You might think you'd never fall for a scam, but it is young, tech-savvy people who are actually most at risk from today's fraudsters.Luckily, Sam and Laura are on hand to help.With the aid of financial fraud fighter Jack "Buster" and hotshot investment lawyer Gareth Fatchett, this episode shows you how to spottoday's most insidious scams – and how to fight back if the worst does happen.To get in touch, email moneypodcast@telegraph.co.uk or phone our voicemail number at 07523 039447.And visit www.telegraph.co.uk/moneypodcast for more. Other useful links and contact numbers: https://www.moneyadviceservice.org.uk/blog/how-to-report-scam-fraud  Action Fraud - 0300 123 2040 and https://www.actionfraud.police.uk/contact-us The Financial Conduct Authority - https://www.fca.org.uk/consumers    

Om Podcasten

Financial journalists Sam Brodbeck and Laura Miller help you to sidestep the scammers -- and get the most from your money. From stocks and shares to early retirement. Hosted on Acast. See acast.com/privacy for more information.