Getting rich quick, high returns and enticing promises: what might seem like a great opportunity often ends up being a financial nightmare. There is a growing threat of investment fraud that can effect everyone – regardless of their age, income or level of education.
In the current episode of the Austrian Financial Market Authority (FMA) podcast “Reden wir über Geld” (“Let’s talk about money”, we are joined by Philipp Genduth, co-founder of the initiative finanzenverstehen.at and a police cybercrime expert. You can find out which scam models are currently particularly frequent, and the warning signals you should be aware of. We discuss the psychological and digital tricks that perpetrators use, and explain from first-hand experience how a single click on a phishing link can lead to losing all your money.
This episode is the final one in the first series of the “Reden wir über Geld” podcast, and we will be returning in February 2026 to cover new issues. The current episode, as well as all previous episodes to date can be found on all popular podcast providers as well as at https://redenwiruebergeld.fma.gv.at/podcast.
The FMA’s consumer information can be found on Instagram at @redenwiruebergeld.