Investment Scams: The “Big Fish” hooked for $1.8 million

In the wake of the GFC, architect Tony Camilleri hoped to rebuild his battered retirement portfolio and was open to investment opportunities. And then his phone rang. A cold call. A confident pitch from a charming stock broker. The kind of call that embodies the adage ‘if it’s too good to be true, well…’ Anatomy of a Scam is hosted by Deborah Knight and features: Tony Camilleri IFW Global Executive Chairman, Ken Gamble CommBank’s General Manager of Group Fraud, James Roberts NSW Police Force Cybercrime Squad Commander, Detective Superintendent Matthew Craft Anatomy of a Scam is made in collaboration with CommBank. Stay CommBank Safe with services that help protect you from scams and fraud 24/7. Remember 3 simple steps: Stop. Check. Reject.  Disclaimer: This podcast makes no suggestion that any investment organisation using the name Alexander Capital Management is not legitimate. This is a case where a scam operator appears to have falsely used a name that is similar to existing wealth management firms.See omnystudio.com/listener for privacy information.