Podcast Episode 37: How to Spot Scams and Avoid Financial Fraud

by Financial Design Studio, Inc. / February 19, 2024

Anyone can be scammed and the financial consequences can be devastating. As financial advisors, people often come to us in the aftermath so we’ve learned a thing or two about scammers. That’s why in this episode we want teach you how to spot scams by understanding common tactics, red flags, and what you can do to avoid them.

Wealth Management Financial Advisors in Chicago Illinois on How to Spot Scammers
Michelle Smalenberger, CFP®; Trevore Meyer, CFP®

Behind the Designs Ep. 37: How to Spot Scams and Avoid Financial Fraud

Take a listen right here, or head over to your favorite steaming platform!

Key Moments

2:08 What are the red flags?

5:06 What are some common scams?

8:38 Imposter scams

22:11 Computer problems

30:35 Internet Relationships

39:16 Financial Fraud

45:39 Who can you trust?

53:37 How limit your risk of being scammed

Links for How to Spot Scams and Avoid Financial Fraud

Watch our video on how to freeze your credit.

YouTuber Mark Rober actually works to shut down scam centers!

Stay Connected!

If you want to hear even more episodes, like this one, be sure to subscribe to the Behind the Designs podcast on your favorite streaming platform! The Behind the Designs podcast shares with you an inside perspective at how financial advisors think about certain topics. We’ll see you in the next episode.

Credits for Episode 37

Executive Producer : Anna Lewis

Host : Michelle Smalenberger, CFP®

Guest : Trevore Meyer, CFP®

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