Listen "Protecting You and Your Loved Ones from Financial Fraud (Ep. 24)"
Episode Synopsis
Americans lost $13BN to fraud in 2023. Young adults are particularly vulnerable - along with the elderly - as social engineering becomes increasingly sophisticated. Don’t think it can’t happen to you.
Today on Red Carpet Retirement, Adam Scott, CFP® delves into the concerning rise of financial fraud and offers practical tools to help safeguard against these threats. Joined by a young man, George Baker, who shares his personal experience of being scammed at the tender age of 18, this episode aims to educate listeners about the increasing sophistication of scams and the critical steps to avoid becoming a victim. By tuning in, you’ll learn essential prevention strategies to protect your family and hear firsthand accounts that underline the importance of vigilance and prompt action.
Adam and George discuss:
How to identify and understand phishing scams and their evolution into targeted spear phishing
The psychological tricks scammers use, such as urgency and emotional manipulation
Steps to take immediately if you think you've been scammed, including involving third parties
Real-life stories highlighting both the complexities and preventable measures in financial fraud scenarios
And more
Resources:
The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger by Charlotte Wowles
Connect with Adam Scott:
LinkedIn: Adam Scott
LinkedIn: WellAcre Wealth
WellAcreWealth.com
Phone: 310-220-4946
Today on Red Carpet Retirement, Adam Scott, CFP® delves into the concerning rise of financial fraud and offers practical tools to help safeguard against these threats. Joined by a young man, George Baker, who shares his personal experience of being scammed at the tender age of 18, this episode aims to educate listeners about the increasing sophistication of scams and the critical steps to avoid becoming a victim. By tuning in, you’ll learn essential prevention strategies to protect your family and hear firsthand accounts that underline the importance of vigilance and prompt action.
Adam and George discuss:
How to identify and understand phishing scams and their evolution into targeted spear phishing
The psychological tricks scammers use, such as urgency and emotional manipulation
Steps to take immediately if you think you've been scammed, including involving third parties
Real-life stories highlighting both the complexities and preventable measures in financial fraud scenarios
And more
Resources:
The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger by Charlotte Wowles
Connect with Adam Scott:
LinkedIn: Adam Scott
LinkedIn: WellAcre Wealth
WellAcreWealth.com
Phone: 310-220-4946
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