Beware Facebook Marketplace! That’s the warning sounded by a bank fraudbuster ahead of Britain’s Christmas buying and selling spree.
TSB’s director of fraud, Paul Davis, sounded the alarm on social media fraud but why did he single out Facebook Marketplace above others?
On this episode of Lunch Money, Simon Lambert and Lee Boyce look at why social media scams have rocketed, what you can do to stay safe – and what you’re most likely to get scammed buying.
Also on the show, Halifax says house prices bounced in October – so what’s going on and isn’t the property market meant to be in decline.
Later, interactive investor’s Richard Hunter, explains what’s behind the good fortunes of one of Britain’s stranger companies, Associated British Foods, which combines ingredients, food brands and High Street fast fashion at Primark.
And stick around to find out why the stock market has bounced in a rate relief rally – and whether the optimism could last.
Lunch Money, produced in partnership with interactive investor, features the personal finance and business news that you need to know about, every Tuesday and Thursday lunchtime.
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