Informed Choice Radio - Personal Finance Peace Of Mind With Martin Bamford

In this episode of Informed Choice Radio, Martin talks about how to stop the scammers from taking your money. There is also a roundup of the latest personal finance news and an update from the world of Informed Choice. How to stop scammers taking your money It's Scams Awareness Month in July and in this episode Martin talks about how to stop scammers from taking your money. Scams Awareness Month is all about creating a self-supporting network of confident, alert, consumers. People ready, willing and able to spot scams. In this episode, Martin talks about financial scams, so you’re aware of what you’re up against, some of the tactics used by the scammers, and some top tips for how to stop scammers from taking your money. According to the Financial Conduct Authority, scammers use five tactics in an attempt to control your decision making - the pre-caller, the opener, the loader, the closer, and the recovery room. So how do you stop scammers from taking your money? The FCA recommends three steps – reject unsolic