The anatomy of a scam

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Manage episode 202992920 series 5442
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
Binary option scams are one of the biggest financial scams in the world right now and Australians are targets. Scammers use flashy websites to trick victims into thinking they're trading on financial markets. But it's all a charade aimed at encouraging people to hand over their money. Reporter Mario Chistodoulou speaks to a former scammer and Australian victims who lost hundreds of thousands of dollars.

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