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Bitcoin fraud totalling Β£500k

Man who lost over half a million pounds to Bitcoin fraud, CAB find 10% of Buy Now Pay Later users chased by debt collectors and teacher pension errors costing listener thousands.

Money Box hears from the successful businessman who had half a million pounds stolen in three months through a Bitcoin fraud. He wants to warn people that "if it can happen to me, it can happen to anyone" Plus we speak to cyber security expert Lisa Forte about how to help protect yourself when investing in cryptocurrency.

Buy Now, Debt Later - how spreading the cost of buying could lead to being chased by debt collectors. A report by Citizens Advice says 10% of BNPL users end up being chased by debt collectors.

And the Teacher’s Pension Scheme demands thousands of pounds back from a pensioner on benefits even though its error led to her being overpaid.

Presenter: Paul Lewis
Reporter: Dan Whitworth
Researcher: Anita Langary
Producer: Alex Lewis
Editor: Emma Rippon

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25 minutes

Last on

Sun 5 Sep 2021 21:00

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  • Sat 4 Sep 2021 12:04
  • Sun 5 Sep 2021 21:00

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