Scam Warning: The Costly Mistakes Smart People Are Making

Scams are everywhere—and they’re getting smarter. In this episode, Rob Goudie is joined by Rachel Todman to discuss the growing threat of scams, especially during the Christmas period when urgency and distraction are high. They share real-world experiences, discuss why even intelligent and cautious people fall victim to scams, and explain how criminals use pressure, fear, and trust to manipulate their targets. The conversation also covers investment scams, phishing emails, fake text messages, social media impersonation, and why recovering money is often difficult once it’s gone. This episode highlights the importance of slowing down, verifying information through official channels, and speaking up if something doesn’t feel right. Scams can happen to anyone—and awareness is the strongest form of protection. 📌 Key takeaway: It’s not about being smarter—it’s about slowing down.   Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Rachael Todman, GradDipFP (ASIC Reg 1270413), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401.