“€250 is all YOU need to be a part of it…” – this is how so many invitations promising success and wealth start, which sadly end up badly for some people.
The Austrian Financial Market Authority (FMA) podcast “Reden wir über Geld” (Let’s talk about money) has launched a new format – “Cash & Crime” that is reminiscent of the true crime genre. The podcast’s host Patricia Floh-Weninger welcomes her colleague Bibiane Kaufmann, an experienced investigator at the FMA. She talks about real cases, involving real money and people who have been the victims of fraudsters. All personal details have of course been anonymised.
In the first episode “Die WhatsApp-Connection” (The WhatsApp Connection) a scam is covered that has also been highly prevalent in Austria over the last year. Apparent investment professionals use seemingly profession chat groups to provide exclusive investment tips. Under pressure from the group and using psychological tricks, victims are coerced into making sizeable transfers: frequently involving six-digit sums. The episode uses the example of “Simone M.”, to explain what you need to be aware of in order to not fall for fraudulent offers.
“Reden wir über Geld” provides important information about financial issues as well as the latest scams, concisely, easy to understand, and directly by the FMA’s experts. All FMA podcast episodes can be found at https://redenwiruebergeld.fma.gv.at/podcast as well as on all popular podcast platforms. “Reden wir über Geld” is also available on the Internet and on Instagram. The FMA website also contains numerous tips about investment and avoiding investment fraud.
Journalists may address further enquiries to:
Boris Gröndahl (FMA Media Spokesperson)
+43 1 24959-6010
+43 676 8824 9995