Are banks doing enough to track down fraudsters?

Are banks doing everything that they can to track down fraudsters who con you into transferring them money? They repeatedly tell us that they are, but one man says that’s not true. He got scammed, took matters into his own hands and got £20,000 back. How did Gideon Roseman do it? He used his experience as a barrister to follow the money. So, if he can, why don’t we see more banks doing that? This is Money’s fraud expert Lee Boyce, who has won thousands of pounds back for readers, discusses whether banks are really doing everything they can. Also on the agenda in this week’s podcast with Simon Lambert and Georgie Frost is the exchange traded fund (ETF) that lets you invest in cows, coffee and gold all in one place (but would you want to?) And what you need to know about those bargain-priced ‘Cat D’ second-hand cars you see for sale. What does it mean, why is the system changing and are these previously damaged motors worth taking a punt on if the price is right? If you like the podcast please subscribe, leave us a review, share it, or just tell your friends the old-fashioned way by word-of-mouth. As someone once said, every little helps.

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