To protect yourself against fraud, think logically. Never transfer money, even if in response to a request from a friend – talk to your friend to verify their request.
Fraudsters frequently target people before they make contact. They will build up a personal profile of you, your family and your financial status before making contact to make their enquiry seem official and legitimate.
If you’ve invested in the past they will know the name of your broker, what you invested in, how much you invested and what returns you received. They may say they’re calling from your broker when they call – check that they are by calling your broker.