Follow the money: Are bank scammers about to be stopped in their tracks? episode artwork

EPISODE · Nov 16, 2018 · 46 MIN

Follow the money: Are bank scammers about to be stopped in their tracks?

from This is Money Podcast

This is Money has relentlessly campaigned to fight online fraud – and in a major victory, Britain's biggest banks are now trialling a new system to trace stolen money. Is the end nigh for scammers?Editor Simon Lambert and host Georgie Frost talk about bank fraud and our long-running campaign to help protect our readers from the growing crime.We also talk through new rules to come in early next year that will spell out exactly what banks have to do to help prevent customers falling victim of bank transfer scams and why we launched our Beat the Scammers section in 2016.Elsewhere, if you are in the market for a credit card, one of the more eye catching is Virgin Money's offering which could get you a trip to New York with its new bumper sign-up offer – but what's the catch?We also run the rule over Vanadium, the metal which has seen its price soar substantially in recent year.We also talk about the property market and how estate agents – especially across London and the South East - have come under pressure since the Brexit vote, which has triggered a considerable slowdown. This has seen Foxtons announcing branch closures this week.And rather than the gloom and doom predictions of a potential house price crash, Simon asks: are house prices preparing to go on something of a run?Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.

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Follow the money: Are bank scammers about to be stopped in their tracks?

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