A Christchurch man lost $67,000 because he failed to pick up the warning signs that he was "investing" his money with crooks.
The Financial Markets Authority is using "Bob's" losses to highlight the threat to Kiwi households' wealth from overseas-based investment scams.
Bob was cold-called with an "investment offer", but should have put the phone down immediately, said the FMA's Paul Gregory.
"The best thing investors can do to someone cold-calling offering an investment from offshore is to put down the phone. Ignore that e-mail. If you hand over money and it turns out to be a scam, it's often impossible to get your money back," he said.
from
http://www.stuff.co.nz/business/money/98940898/Ask-yourself-am-I-being-scammed
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