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If you’ve been following the news, scams and fraud are seemingly everywhere in our world. Whether over the phone, online, or even in the mail, it seems like there is a new trick to learn every day with regards to fraudsters, and it is important to stay informed about the latest cons to protect yourself and your family.
Identity theft can be a devastating crime that victims may not notice until it is already too late. Anyone can become a victim of identity theft, but luckily, anyone can take precautions to protect themselves. The Federal Trade Commission (FTC) and its partners hosted Identity Theft Awareness Week from January 30 through February 3, 2023. Their mission is to raise awareness that any person, of any age or background, can be a target for identity theft. Continue reading to learn how to detect, prevent, and report identity theft.
If it sounds too good to be true, it probably is. If someone asks you to invest and promises impossible returns on your money, such as guaranteeing that your money will be doubled or tripled with no risk, it’s probably a Ponzi scheme. Knowing how to recognize different types of fraud is a key component to financial literacy. There are many types of investment scams, but one of the most famous is known as the Ponzi scheme.
Ghosts, goblins, witches, and vampires – everyone knows All Hallows’ Eve is full of creepy creatures. But the scariest of them all may be scammers who try to trick you into revealing your sensitive personal information. Millions of Americans have their identities stolen or compromised each year, and dealing with the aftermath of identity theft and fraud is no treat. In honor of both Halloween and Cybersecurity Awareness Month, check out these tips to stay safe online and protect yourself from cybercriminals.
By: American Heritage03.09.223 minute readSecurity
There’s no doubt about it – we’re living in an increasingly cash-free society these days. Between credit cards and mobile wallets, you may spend long stretches of time without using actual cash. But eventually there will come a time when paying with plastic just won’t cut it. If you need to pay the babysitter, a vendor who doesn’t accept cards, or an unexpected toll on your next road trip, having cash in your wallet can definitely come in handy. And ATMs are a convenient way to get money when you’re out and about, without having to go into the branch during business hours. However, not all ATMs are created equal. Whether you’re using a stand-alone ATM, one inside a grocery store, or a drive-through ATM, here are some ATM safety tips that can help keep you, your money, and your financial information safe from would-be criminals.
This week, the Association of Certified Fraud Examiners (AFCE) holds its annual International Fraud Awareness Week from November 14–20, 2021. The ACFE is the world’s largest anti-fraud organization and works with its partners to provide training and prevention education. There are many types of fraud to which people fall victim. Tax fraud, identity theft, social engineering, money laundering, and other criminal activity can befall unsuspecting targets. Participate in this year’s Awareness Week by learning how to recognize fraud, report it, and help contribute to a safer world for yourself and others.
By: American Heritage10.07.213 minute readSecurity
Your smartphone is a fantastic tool. Where else can you stay in touch with friends, make a work call, manage your checking account, and book a vacation – all while on the go? These portable devices make everyday tasks quick and easy, but they certainly carry with them some risk. After all, they’re often used to enter or view personal and financial information, making them prime targets for identity theft and phone scamming. October is Cybersecurity Awareness Month, so it’s the perfect time learn how to avoid identity theft by taking the necessary steps to safeguard your go-to device.
By: American Heritage06.03.213 minute readSecurityCredit
It’s no surprise the credit and debit cards are so popular. They’re simple, easy to use, and accepted almost everywhere. But this popularity has also made them a common target for thieves and fraudsters. According to the FTC, in 2020 alone, nearly 400,000 people fell victim to credit card fraud. The consequences can be serious, from financial loss to damage to your credit (not to mention the stress).
You already know to protect your home while traveling, but there are still more precautions to take while on the go. Whether traveling domestically or abroad, your wallet and your smartphone are your lifeline. Defend them both with these key tips to help your trip go as smoothly as possible.
Mail theft is an issue that can leave you feeling blindsided, especially if the stolen mail contains sensitive information that puts your identity at risk. On top of that, stolen bills or statements can cause late payments or other financial headaches. Many people don’t think about protecting their mail until it’s too late, so take these proactive steps today!