In this episode, Cee shares stories about a fake VIP casino that took millions from high rollers and a bank fraud scam that cost its victim $100,000 in just 10 minutes. He also discusses why it's important to fight the urge to be embarrassed by being the victim of fraud or a scam, and discuss steps that you can take to help protect you from having your life savings stolen in a heartbeat.

Sources:

https://www.scmp.com/news/hong-kong/law-crime/article/2103597/gang-running-pop-vip-rooms-cheat-gamblers-millions-busted

https://asgam.com/2017/07/20/police-bust-fake-macau-junket-operating-from-hotel-room/

https://www.macaubusiness.com/fake-vip-room-busted-2/

https://bigwinguide.com/fake-vip-room-scam-exposed-in-macau/

https://www.dailymail.co.uk/news/article-12083227/NAB-customer-falls-spoof-scam-loses-100-000-scammers-impersonating-bank-staff.html

https://www.theguardian.com/australia-news/2023/nov/15/tim-was-scammed-out-of-222000-he-says-the-bank-should-have-to-give-his-money-back

https://vocal.media/humans/man-loses-222-000-in-13-minutes

Editors note: Although some sources put the losses of the bank scam at $222,000 we have gone with the lowest available figure quoted in the sources we can find.

You can find our Transcripts on our website at www.scamshacksandfrauds.com.

The transcript and spoken audio are available under the Creative Commons, Share Alike, With Attributions license. For more information on this visit creativecommons.org.