How to spot scams and protect yourself from them

What would you do if you were scammed? Do you know what kinds of things the banks look for when evaluating if you should get your money back? Katie Morley is consumer champion for the Telegraph. She’s won back around 10 million pounds for scam and fraud victims including those who should have been protected but weren’t. You can contact Katie at: [email protected] **You usually have up to 6 years to complain to the financial institution - then you must go to the financial ombudsman within 6 months of getting the final response to your complaint from the financial institution. For more information on time limits: https://www.financial-ombudsman.org.uk/consumers/expect/time-limits** 🤝 Want help from a financial advisor? We’ve teamed up with advisors we rate so you can get professional support. Learn more:  https://makingmoney.email/financial-advisors-audio ⛑️ Check your financial health https://makingmoney.email/health-check-audio 📧 Free guides on personal finance Learn how to build wealth in the UK: https://linktr.ee/makingmoneypod 📈 Investment platforms we use: Trading 212 Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1. Use the code ‘MM’ or this link: https://www.trading212.com/promocodes/MM InvestEngine  Get up to a £50 bonus when you invest at least £100. https://investengine.pxf.io/daOD2Q Vanguard https://www.vanguardinvestor.co.uk/ 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get 4.07% AER variable on your business savings. Use this link www.tide.co/offer/makingmoneyq1 or the code 'MAKINGMONEYQ1'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply.  New members receive a 0.78% AER boost on the standard 3.29% on unlimited deposits until 01/06/25 after which the rate reverts to 3.29% and is only earned on balances up to £75,000. Rate correct as of 19/12/24. Full terms: tide.co/terms/makingmoneyq1-tnc. -- If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.