Fraud Alert! Warning Investment Scams Increasing, How To Protect Yourself episode artwork

EPISODE · Jun 24, 2021 · 10 MIN

Fraud Alert! Warning Investment Scams Increasing, How To Protect Yourself

from Money Tips Daily by Charles Kelly, former IFA and author of · host Charles Kelly Business Coach

Action Fraud figures show that victims of investment fraud lost at least £657m in 2020, as scammers preyed on financial vulnerability caused by the coronavirus pandemic. There are different types of investment fraud, the most common involve shares, bonds, cryptocurrency and commodities such as wine, fine art and diamonds. Fraudsters contact you unexpectedly, promise generous returns and may say that the opportunity is time limited. They downplay the risks to your money. They call you repeatedly and keep you on the phone a long time in order to build your trust, stop you speaking to other people or having time to think about the offer. FULL ARTICLE Report all scams online to www.actionfraud.police.uk or call 0300 123 2040 giving as much information as possible. Financial education and literacy is not taught in schools, which is why most people are in the dark when it comes to personal finance and are forced to rely on financial advisers. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value. I’m offering a free Wealth Accelerator discovery coaching call to three people this week - CLICK HERETO BOOK YOUR FREE CALL https://bit.ly/3zJ21GY

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Fraud Alert! Warning Investment Scams Increasing, How To Protect Yourself

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