Financial scams 101

Financial scams 101

By The Telegraph

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-usThe Financial Conduct Authority - https://www.fca.org.uk/consumers  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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