Outsmarting Scammers: Your Guide to Fortifying Against Financial Fraud

Money Matters

Ever wonder how scammers craft such convincing schemes? Dive into the dark world of financial fraud with us as we're joined by experts Carmen Million of the Better Business Bureau, Adrienne from the Fraud and Forgery Department, and Cheri with Deposit Operations Network. We're tearing down the facade of those too-good-to-be-true offers and revealing how artificial intelligence has become a tool for deception in the scammer's toolkit. Our guests unpack the latest in fraudulent antics, offering you the insight needed to spot a scam from a mile away.
Your financial safety is precious; we're here to arm you with protective gear. This episode isn't just a wake-up call; it's a battle plan. We discuss the significance of keeping your details current with your financial institutions, why scrutinizing account activities can be your saving grace, and how a complex password stands between you and disaster. The truth is, no one is invincible against fraud, but with our guidance, you'll be far from an easy target. And if you do find yourself caught in a scammer's web, we'll walk you through the immediate steps to free yourself and fight back.
Lastly, let's spotlight your cell phone – that little device that's an extension of ourselves but also a beacon for scams. We cover practical ways to reduce spam calls and safeguard your number like it's a treasure. Plus, we'll point you in the direction of resources to not only protect but also grow your finances. With the National Do Not Call Registry and call-blocking apps in your arsenal, we're ensuring those pesky scam calls don't stand a chance. Join us as we lay down the law on financial fraud and turn the tables on scammers.

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Welcome to Money Matters, the podcast that focuses on how to use the money you have, make the money you need and save the money you want – brought to you by Neighbors Federal Credit Union.
The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice.

Chapters

1. Outsmarting Scammers: Your Guide to Fortifying Against Financial Fraud (00:00:00)

2. Protecting Against Financial Scams (00:00:02)

3. Protecting Against Financial Scams (00:08:01)

4. Preventing and Reporting Financial Fraud (00:17:29)

5. Protecting Your Cell Phone From Scams (00:28:51)