FSCS boss on how to protect your money from Covid scams
Caroline Rainbird, chief executive of the Financial Services Compensation Scheme, on the rise of scams.
10th March 2021 11:21
by Sam Barker from interactive investor
In this special edition of the interactive investor podcast, news editor Sam Barker meets Caroline Rainbird, chief executive of the Financial Services Compensation Scheme (FSCS), to discuss the rise of financial scams.
Visit ii.co.uk/about-ii/your-protection to find out how interactive investor helps keep your money safe.
Highlights
0:33 – why we’ve seen an increase in financial scams during the Covid-19 pandemic
4:40 – the areas of finance fraudsters are targeting most
8:37 – why there’s unlikely to be an end to financial scams being carried out on the public
12:15 – the likelihood of scams decreasing as the pandemic subsides
14:26 – what investors can do to keep themselves safe from scams
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