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Episode details

Radio Ulster,04 Jan 2025,56 mins

Special: Psychology of a Scammer

Consumer Fight Back

Available for over a year

What makes a scammer a scammer – what do they have that makes us, YOU, trust them? We’re taking a deep dive today into the psychology of a scammer – our team has been investigating a company called Solidus X. It was very convincing; there was an app to track investments, a personal broker for guidance on when to buy & sell. Unsuspecting investors were tricked into trusting these brokers with their money. We’ve got our hands on something you won’t often hear: a call where one of these brokers – a guy called Michael - is signing an investor up to the platform The lucky investor? Our editor Andy... Holly & Carol Guinan, a chartered member of the British Psychological Society listen to the call from start to finish, to try to get to the bottom of the tricks and tactics scammers use to gain our trust, and our money. If you have a story or experience with Solidus X you want to share email [email protected]

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