EP237 Fun with Fraudsters

Published: March 15, 2022, 9 a.m.

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As we continue to celebrate Fraud Prevention Month in Canada, it\\u2019s important to remember that we should be aware of scammers all year long. I recently spoke with one of my friends, Bonnie, who shared some of her recent interactions with fraudsters and how she switched things around to have the joke on them. So, in this episode, I wanted to share some of these stories with you. Although all fraud should be taken seriously, these are some fun ways that the tables can be turned.

To give you some background on Bonnie, she has had a long career in financial services in the areas of audit, risk management, compliance, anti-money laundering, and so much more. As a result, she has tremendous experience in detecting things that are not quite right. I had a laugh as she shared these stories with me, and I hope you do too!\\xa0

\\u201dBe vigilant and call your relative back on the number you have if you are concerned.\\u201d - Tracey Bissett

This Week on Young Money:

  • Several funny stories of how the tables have been turned on fraudsters.
  • The importance of being aware of scammers.
  • Why we must be wary of unknown numbers.
  • The benefit of educating your loved ones on these scams.
  • Why you should never give access to your computer to strangers on the phone.
  • How to avoid getting caught in the \\u201cgrandparent scam.\\u201d

Key takeaways:

  1. Don\\u2019t give out your information.
  2. Be aware of fraudsters.
  3. Be vigilant.
  4. Protect yourself.

Resources Mentioned:

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