The Savvy Wallet Podcast

EP. 186 - Fraud Expert Reveals The New AI Scams Emptying Your Bank Accounts In Minutes ft. Nick Stapleton


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In this episode, Ato speaks with Nick Stapleton, who is a scam expert, award-winning investigative journalist and broadcaster, best known as the co-presenter of the BBC’s Scam Interceptors.


He’s spent years exposing how scammers operate and helping people understand how to protect themselves from scams. Nick also hosts the Scam Clinic podcast and is the author of How to Beat Scammers, sharing insights from his frontline work fighting fraud.

We discuss:

- The impact of AI on scams

- Why people fall for investment scams

- How to recover your money from scams

- The most devastating scams Nick has come across

- The dark psychology behind romance scams

- How to protect your passwords and online accounts from scammers

- Why job scams are on the rise and much more


🔗 Connect with Nick:

Instagram: https://www.instagram.com/staplenick/


📩 Sign up to my mailing list to be the first to know about upcoming events:

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://eepurl.com/hJEcLL⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠



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Sign up for a new account on Lightyear and get up to $115 worth of a US fractional share of your choice! Claim your reward when you use this link: ⁠⁠https://lightyear.com/savvywallet or enter the code: "SAVVY" manually in the Promotions section.


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🤝 Partners

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Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.


TIMESTAMPS

0:00 - Preview
1:22 - Intro
1:33 - Meet Scam Expert Nick Stapleton
4:13 - Scammers target 16-34 year olds
7:50 - Most devastating scam I know
13:19 - The impact of AI on scams
19:34 - Why aren’t social media companies stopping scams?
21:56 - Lightyear Ad
23:18 - How to spot a scam on social media
25:15 - What is a bank transfer scam?
28:49 - Psychology techniques of a romance scammer
34:21 - Many romance scammers operate here
36:39 - Many romance scammers target the UK & US
38:53 - The link between colonialism and scams
40:27 - Why are Romance scams so successful
43:13 - The most valuable thing in the scam community
44:55 - More than 40% of crime is scams and fraud
49:48 - How to get money back from scams
51:26 - Most devastating bank transfer scam
55:16 - What is phishing ?
58:01 - What is a recovery scams
58:50 - Common signs of phishing emails
1:03:33 - The devastating job scams
1:07:17 - Jobs scams on the rise
1:12:05 - How to protect your email addresses
1:13:50 - Why more phones are being stolen
1:15:58 - Why do people fall for investment scams
1:17:18 - Investment scam red flags
1:22:27 - What can you do if you lose money to an investment scam?
1:27:16 - Passwords being sold on the dark web
1:29:55 - Are password managers useful?
1:30:53 - Is your money at risk with the 16 billion data breach?
1:31:47 - How much has scams cost the UK?
1:34:24 - What can be done about scams globally?
1:40:20 - Scam clinic podcast
1:43:09 - Final words

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