This segment was broadcast on 3 December 2015. Some information may be out of date.

Too good to be true?

Warning signs of a scam
  • Who are victims?
  • Warning signs
  • False friends — features that make you think you’re OK
  • What to do if you’re suspicious
  • What to do if you’ve been ripped off

Mary Holm is a freelance journalist, a director of the Financial Markets Authority and Financial Services Complaints Ltd FSCL, a seminar presenter and a bestselling author on personal finance. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.