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5 Steps for Fraud Detection and Resolution – Ep122

5 Steps to Fraud Detection

by: Annette Bau, CFP®

Have you ever received a suspicious email or phone call that made you pause and wonder, “Is this legit?” Well, you’re not alone. Fraud is on the rise, and scammers’ tactics are becoming increasingly sophisticated.

In today’s episode, we break down the five essential steps you need to know to detect fraud early and resolve it before it derails your financial life. From the red flags you should never ignore, to the global cost of scams, and even how to create a truly secure password.

You will gain access to the insights and tools you need to protect yourself and your loved ones.

We recommend that you review your situation with a qualified advisor before making any financial or investment change to ensure it is the best decision for you and your situation.

Wealth Inside and Out® Podcast: “5 Steps for Fraud Detection and Resolution”

In this episode, you will learn:Estate Planning Checklist
>> (3:02) A red flag you should always be looking for
>> (4:09) The latest scam techniques that have boomed in frequency
>> (7:42) The global impact of fraud and scams
>> (9:59) Your first step in defending against potential threats
>> (16:19) The question to ask yourself if you ever doubt a scenario
>> (22:59) How to make a more secure password
>> (25:39) Why fraud prevention measures are imperative

Conclusion – “5 Steps for Fraud Detection and Resolution”

Fraud may be evolving, but your defenses can also adjust. By staying alert, asking the right questions, and following these five steps, you can dramatically reduce your risk and respond quickly when something feels off.

Remember, prevention is always more powerful than damage control. When it comes to your money and personal information, every preventative step you take matters.

Thanks for joining me today.

If you found this episode helpful, be sure to subscribe and share it with someone who could benefit from it. Stay informed, stay empowered, and stay one step ahead.

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5 Steps for Fraud Detection and Resolution with a Financial Checkup

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This information is for educational purposes only. It is not intended to replace the advice of any advisor or specialist, nor to provide investment, financial, tax, retirement, planning, or healthcare advice.

Always consult with a qualified professional before making any financial decisions or changes.

To your financially secure life,

Annette

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About Annette Bau, CFP®

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Estate & Retirement Strategies, LLC (“ERS”) is a state-registered investment advisor located in Arizona and conducts business where properly licensed.  Registration does not imply endorsement by securities regulators. ERS is not engaged in the practice of law or accounting.

ERS provides comprehensive financial planning, insurance, and investment management services. Investing involves risk and is not guaranteed. Before investing, you should consult a qualified financial advisor. ERS is affiliated with The Millionaire Insider®, an organization that provides general information, courses, and publications on topics related to personal financial planning and other lifestyle and mindset topics, including information from third-party sources. Information provided is for educational purposes only and is not an offer or solicitation for the sale or purchase of any security or investment advisory services.

 

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