#7 Phony investment scams and how to protect yourself

Today we’re looking at scams – particularly those investment scams that have led to Kiwis losing a lot of money – we’re talking retirement savings, house deposits and hard-earned savings being stolen by overseas criminals.  We’re speaking to Sam McGuire, the FMA’s Regulatory Services manager. She sees a lot of the scam complaints that come in and she’s got some good advice for keeping safe.   Check out the FMA’s Warning and Alerts page here: https://www.fma.govt.nz/library/warnings-and-alerts/   Sign up for regular updates on scams, warnings and alerts here:  https://www.fma.govt.nz/subscribe-to-fma-news-and-alerts/   And the FMA’s main scams page here: https://www.fma.govt.nz/scams/