Modern communications have enabled fraudsters to operate on a
massive scale that was previously unimaginable. Thousands of
people, mainly the old and vulnerable but also those who are highly
intelligent and successful, are relieved of billions of pounds each
year. It is estimated that one in 20 UK bank customers were the
victims of scams in 2014 alone. No-one knows the full scale of
fraud because embarrassed victims often fail to report it. Despite
all the publicity surrounding scams in the press, people keep
falling for old tricks that often re-emerge in new guises. Scammers
are ingenious, utterly ruthless and without conscience. Rodney
Hobson, author of the best-selling beginners guide to stock market
investing Shares Made Simple, has produced the first definitive
guide to scams, categorising the different types, listing tell-tale
signs and advising how to spot a fraudster and avoid becoming the
next victim. This makes the basic principles behind each type of
scam more recognisable and it shows how scams have evolved and
re-emerged through time.Danger lurks for those unwary souls who
part only too readily with their hard-earned cash and this book
will help readers be alert to the risks. It is also meant to
entertain, as we learn to grudgingly admire as well as despise the
ingenious crooks who lurk in the shadows.
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