#7 Phony investment scams and how to protect yourself
5 mins with the FMA
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5 mins with the FMA
#7 Phony investment scams and how to protect yourself
Aug 31, 2023 Episode 7
Financial Markets Authority NZ

Today we’re looking at scams – particularly those investment scams that have led to Kiwis losing a lot of money – we’re talking retirement savings, house deposits and hard-earned savings being stolen by overseas criminals.  

We’re speaking to Sam McGuire, the FMA’s Regulatory Services manager. She sees a lot of the scam complaints that come in and she’s got some good advice for keeping safe.