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Episode details

Radio 4,11 Oct 2023,53 mins

Facebook Car Scams; NFT Crash; Pension Withdrawals

You and Yours

Available for over a year

Exposing the scammers selling fake cars on Facebook Marketplace for "too-good-to-be-true prices - criminals posing as car sales people speak to our reporter Shari Vahl. Plus we hear from the victims. The market for NFT's or “non-fungible token”, which is essentially a bit of code that says you own a digital asset, has crashed with new research showing that approximately 97% are worthless. We hear from one person who lost money on them and tech journalist Kate Bevan explains the market collapse. And new figures from HMRC reveal a significant uptick in the number of people dipping into their pension pots. We hear from one person who's done it and Caroline Siarkiewicz from debt advice service MAPS explains what you need to think about before you consider withdrawing from your pension. PRESENTER: PETER WHITE PRODUCER: CATHERINE EARLAM

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