Finance & Fury Podcast

How do you identify a scam, before ASIC or the regulators do it for you?

Informações:

Sinopsis

Welcome to Finance and Fury, The say What Wednesday edition where we answer your questions, and sometimes questions from people from the gym – such as today Is this a scam – moneysmart have a page on this – which is good resource – give a quick summary of this – but trouble is that while you can read it and research the sort of things to look out for - so can the scammers. Scammers adapt to get around the warnings or rebrand to avoid public scrutiny. Imagine if you got a call from a Nigerian Price who just needs you CC number to buy a taxi ride home, but he will give you $100k in return. Works? Not today – we are all aware of this trick – but back in the 80s to 90s it was slightly more plausible – no smartphones to order uber, or mobile phones to call the people he needs, so you would be talking to him on your landline – assuming that he is at a payphone calling random numbers as he doesn’t know right number to call and just spent his last 50c on this call – hence why this did actually work at one point of