Life Savings Wiped Out in Seconds Due To 1 Simple Mistake

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  • Опубликовано: 25 ноя 2024

Комментарии • 1,1 тыс.

  • @anotherperspective6247
    @anotherperspective6247 3 месяца назад +913

    Never, ever trust an inbound call from any financial institution.

    • @geofractal
      @geofractal 3 месяца назад +22

      Never!

    • @jean-marcfiliatrault266
      @jean-marcfiliatrault266 3 месяца назад

      @@profribasmat217Furthermore, do not respond to any email or text message to do anything. If your financial institution or insurance company or credit card or whatever wants to talk to you, that’s fine. Just take the name down and his/her phone number. Then, call the 1-800 number for your financial institution or insurance company, etc., for example, and ask to talk to so and so. You will know if that person really exists and if s/he is legit…

    • @CoolHandLuke01
      @CoolHandLuke01 3 месяца назад

      @@profribasmat217no. Don’t answer.

    • @CoolHandLuke01
      @CoolHandLuke01 3 месяца назад +39

      All calls not known roll to voicemail. The power of voicemail.

    • @laurac56
      @laurac56 3 месяца назад +30

      Make sure the first call has been ended for real. Try making a different call first or use another phone to call the number you know is real. The scammer call may not be really disconnected.

  • @Dividendflywheel
    @Dividendflywheel 3 месяца назад +165

    1. Block wire transfer and electronic transfer from your account.
    2. Insist that all transfer’s MUST be to the checking account linked to your investment account
    3. Insist on two step authentication
    4. Insist on verbal pass words before funds can be transferred out of your account

    • @robertpsotka3525
      @robertpsotka3525 2 месяца назад +2

      Thought you couldn't wire money unless you are there in person

    • @google_is_a_criminal
      @google_is_a_criminal Месяц назад

      @@robertpsotka3525 That was perhaps true forty years ago, but now you can easily do it from a phone or a pc or even just a phone call.

    • @Jen-ur4ut
      @Jen-ur4ut 22 дня назад +5

      No bank is going to implement these safeguards unless they already offer them just because you insist.

    • @kilnmaster
      @kilnmaster 2 дня назад

      I've done that already

  • @rhodastephens-yoder5693
    @rhodastephens-yoder5693 3 месяца назад +712

    I received a call from Schwab, which is where my husband and I have our retirement accounts. After speaking to someone for a little while. I stopped talking to him and then called the number from the internet (which turned out to be the identical phone number) for Schwab. I spoke to the Fraud Department. I was told that no one was trying to access our accounts. I immediately had them put a freeze on all of our accounts. Good thing. Someone tried to run a wire transfer for $86,520. Because of the freeze, it was denied. Thank heavens. Be careful out there.

    • @blujeans9462
      @blujeans9462 3 месяца назад

      You were lucky. You'd be amazed how many fraudulent numbers for a financial institution comes up when you do a Google search.

    • @AccidentalCarnivore-ul3kg
      @AccidentalCarnivore-ul3kg 3 месяца назад +55

      @rhodastephens-yoder5693: Sounds like it might have been an inside job.🤔

    • @johng4093
      @johng4093 3 месяца назад +108

      Phone scammers can "spoof" a different caller ID than their actual number. Almost never will a financial institution call you directly, don't give them any sensitive info. Call the official number to enquire.

    • @Dee-ty9ny
      @Dee-ty9ny 3 месяца назад +34

      How did they initiate running the wire? Via online, or over the phone with Schwab?

    • @michaeldawson6309
      @michaeldawson6309 3 месяца назад +52

      Scammers can spoof the Caller ID and present as the ID anything they want. Caller ID is not a secure system.

  • @kerrybyers257
    @kerrybyers257 3 месяца назад +338

    Keep all your banks fraud hotline numbers in your contacts. Don’t answer the calls, texts, or emails but DO call the bank’s fraud number. Period.

    • @ZaideZaide770
      @ZaideZaide770 3 месяца назад +8

      Pro tip....Thanks.

    • @timbmd
      @timbmd 3 месяца назад +10

      " call the bank’s fraud number"? You are NOT supposed to call that number! Call the bank # from the back of your debit or credit card.

    • @northernbohemianrealist
      @northernbohemianrealist 3 месяца назад +7

      Yes! I would go a step further, call the real institution, share the scam, and tell them to shut down all access to the account.
      (If you have only one financial institution, look in the mirror to see the fool.)

    • @google_is_a_criminal
      @google_is_a_criminal Месяц назад +1

      I always answer my phone, otherwise there's no point in having one at all.
      I can trust EVERY call I receive because I immediately ask for a number to call them back at.
      It isn't difficult to verify legitimacy, but it IS 100% your own responsibility to.
      Taking the ability to trust away from yourself and giving it to someone else is never a good thing, and good people never encourage you to do it.

    • @ZidaneSteiner
      @ZidaneSteiner 22 дня назад +2

      You should call them! Don't answer unsolicited calls

  • @HighCountryRambler
    @HighCountryRambler 3 месяца назад +265

    If I don't recognize the number it goes to VM. If they say I'm from XYZ, I hangup and call XYZ. I appreciate these videos, so many people in their late years have no clue how ruthless the world can be.

    • @thebes118
      @thebes118 3 месяца назад +3

      Exactly!

    • @DugrozReports
      @DugrozReports 3 месяца назад +6

      The video said it was a "younger couple" in this case.

    • @petepeterson5337
      @petepeterson5337 3 месяца назад +10

      Even if you DO recognize the number and pick up, be aware it may be a “spoofed “ number which is very easy to do.
      A friend’s wife was contacted by scammers using my friend’s cell phone number, claiming to have kidnapped my friend with instructions to save her husband. Fortunately she called the number back to assure them she was complying, and after a few attempts my friend who was in a high level company meeting answered because multiple times of her trying to call probably meant something important.
      If I receive a hostage call, I will most likely involve authorities against the caller’s specific instructions.

    • @greymatters7039
      @greymatters7039 3 месяца назад +7

      Exactly what I did. That lady called me pretending to be panicked about fraud on my account. I calmly told her, “Okay. I’ll call my bank.” She deflated. 😂

    • @mikes-wv3em
      @mikes-wv3em 3 месяца назад +2

      @@greymatters7039 did they sound indian? lol

  • @RM-lv9ng
    @RM-lv9ng 3 месяца назад +429

    You never ever give information to someone who calls you!

    • @soliniv1411
      @soliniv1411 3 месяца назад +4

      Ok ok but how do you teach this to millions of people?

    • @j.l.salayao8055
      @j.l.salayao8055 2 месяца назад +1

      Oh, I did! Someone was just asking what day and year it was.

    • @tatianadelachutedeau379
      @tatianadelachutedeau379 2 месяца назад

      My medical group calls and asks for personal info in order to « verify my identity ». Makes you wonder if they are smart enough to practice medicine. Nobody honest should call you and ask or personal info. That should be left to scammers. Incoming calls with requests for personal info are from the bad guys.

    • @DanIngham
      @DanIngham 2 месяца назад

      Barclays Bank UK call me related to fraud. They literally call me and start asking for my name and details to confirm it’s me and I am like ‘how do I know you are the legit Barclays Bank’
      And this is actually the legit method they use for fraud checks.

    • @rajg4512
      @rajg4512 2 месяца назад +2

      @@j.l.salayao8055You don’t need to answer even stupid questions that’s waste of time equal money 😂

  • @dklauf
    @dklauf 3 месяца назад +250

    Their first thought was the correct one. Ignore the calls. Stay on vacation.

    • @rhodastephens-yoder3844
      @rhodastephens-yoder3844 3 месяца назад +8

      If I had done that, ignore the calls, I might have missed the attempt to add 93 "authorized users" to my credit cards.

    • @google_is_a_criminal
      @google_is_a_criminal Месяц назад +2

      @@rhodastephens-yoder3844 Shhhhhh ! Look at all the "likes" his comment got ! All those people EAGER to get scammed !

  • @NubianQueen6391
    @NubianQueen6391 3 месяца назад +215

    There are so many scams it is getting harder and harder not to fall victim. It's hard for me to trust anyone!

    • @profribasmat217
      @profribasmat217 3 месяца назад +13

      Not really, hang up, call the number on your card or statement

    • @michaeldawson6309
      @michaeldawson6309 3 месяца назад +15

      The safest thing is to call back a number you know is secure and you have used before.

    • @rschier1
      @rschier1 3 месяца назад +9

      Not hard at all. Don't speak to anyone whom you are far from sure you're speaking with.

    • @briandeschene8424
      @briandeschene8424 3 месяца назад +9

      Always be the one to initiate any phone call. You call the business in question using a phone number from your card or statement. That way you are in charge and maintain control of the interaction.

    • @fnhc2023
      @fnhc2023 3 месяца назад +4

      At gas stations now too

  • @shep68
    @shep68 3 месяца назад +149

    I’m a US Customs officer. I take multiple calls a week from people inquiring about a call they recvd from someone claiming to be from my agency requesting money to clear up a warrant or pay duty or some other fee. Some people have already sent money; others did the right thing calling us first. It’s always a scam. Unless you personally know the person on the other end…it’s a scam.

    • @ShaferHart
      @ShaferHart 3 месяца назад +3

      People impersonate others over the phone all the time. Call quality varies so people have a natural tolerance for people sounding different. Do what the institution recommends and call them directly. Don't trust anyone over the phone.

    • @dennisd9554
      @dennisd9554 2 месяца назад +1

      Know someone who had two "IRS" agents show up to her door saying she owed back taxes and escorted her to the bank to withdraw tens of thousands of dollars.

    • @jamesdep8128
      @jamesdep8128 Месяц назад +1

      A US Customs Officer? The US Customs Service does not exist. Come on guy, don’t scam us. Just chill there Mr Google

    • @camgere
      @camgere 25 дней назад

      I got a text saying that my package failed to clear customs, and I needed to go to a website. I don't think Amazon gives out phone numbers to venders. I ignored the message and didn't miss any packages.

    • @jewelmarkess
      @jewelmarkess 11 дней назад

      @@jamesdep8128 You are kidding, right? There is the US Customs and Border Protection federal agency. Ever heard of it? @shep68 may work there. Even if (s)he doesn't, the advice is sound.

  • @TechnoRiff
    @TechnoRiff 2 месяца назад +24

    Right on; very relevant advice. We don't answer the phone or doorbell when the number is not recognized, or when someone is not expected or recognized on our front camera. It's sad that there are so many malicious scammers these days that prey on the kindness and trust of innocent folks. No need to be so open or polite when so much is at stakes these days!

  • @Misaka-gt5yj
    @Misaka-gt5yj 3 месяца назад +82

    Unless you suspect insider job,
    literally just call the actual Schwab line yourself to avoid this whole hassle.

  • @mikhailkalashnikov4599
    @mikhailkalashnikov4599 3 месяца назад +224

    How do you keep digital assets safe in an environment where your govt can't even keep your SSN, DOB, address, passwords, etc safe? This digital house of cards is teetering on the edge of disaster.

    • @mypeeps333
      @mypeeps333 3 месяца назад +11

      You can't so Stop going Digital.
      You won't even get a penny if the grid goes down.
      And it will 🤣🤣🤣😅😅😅

    • @annawell2517
      @annawell2517 3 месяца назад +5

      @@mypeeps333so true 🤷🏼‍♀️

    • @os2958
      @os2958 3 месяца назад

      @@mypeeps333 so many places force it

    • @solarforfuture
      @solarforfuture 3 месяца назад +4

      off line usb wallet.. lap top. 12 word security. if country/world grid is gone we will have other issues as well? loss of waitresses! OMG

    • @rhodastephens-yoder3844
      @rhodastephens-yoder3844 3 месяца назад +9

      Go to the three credit reporting agencies and FREEZE your accounts. Also. go to every account that you may have and place multiple security devices on them.

  • @jaxjaxvang4910
    @jaxjaxvang4910 3 месяца назад +89

    Charles Schwab never call, unless I call them, even my financial guy! Thanks so much for the valuable info🙏💞

    • @lontr9771
      @lontr9771 3 месяца назад +1

      I got a call recently from Charles Schwab just to thank me for opening a brokerage account and if I had any questions. I did have a question and they helped me locate an area of the website I was looking for.

    • @ok2tmtsg
      @ok2tmtsg 3 месяца назад

      I am new to Schwab (got transferred to Schwab about a year ago). I periodically get calls from the "financial consultant" Schwab designated to my account, who wanted to "introduce" himself to customer (me) - not sure if this is legit???

    • @rhodastephens-yoder3844
      @rhodastephens-yoder3844 2 месяца назад

      @@ok2tmtsg In your online login to your accounts, under messages you should be able to contact your consultant. Send them an email and then contact / call them. After what I went through, I will always call them back. The number that initially contacted me was displayed as the very same number that I called to place the freeze on all of our accounts.

    • @leawilliams8476
      @leawilliams8476 2 месяца назад

      Just the name of the bank would cause me to be suspicious.

    • @terrymcclure6592
      @terrymcclure6592 2 месяца назад +2

      I have a Schwab account and I often get calls from Schwab. They do call their customers

  • @Nemo-yn1sp
    @Nemo-yn1sp 3 месяца назад +29

    Very sad. Almost got caught in an Amazon phone scam, but when the caller wanted all my account balances to transfer and protect them AND used words strangely, I started asking different questions and he hung up. Close. Good lesson.

    • @dennisd9554
      @dennisd9554 2 месяца назад +1

      You really need to do a deep dive into scams. There are TONS of videos here on RUclips. The fact that you got that far means you are likely to get hit by another one that is even more sophisticated. They are pros at what they do and many of them you won't even suspect its a scam until too late. A good rule of thumb is to ask for a reference number, hang up, look up the number from a legitimate source, then call back.

    • @Nemo-yn1sp
      @Nemo-yn1sp 2 месяца назад

      @@dennisd9554 It was a first and I learned. I'm a solo senior woman and scam is the name of the game here in FL. It's usually in person.

  • @Sanjay9442
    @Sanjay9442 3 месяца назад +20

    The issue with US banking system is making these electronic transactions one way. There should be a law required all electronic transactions to be reversible

  • @patallenhurst3043
    @patallenhurst3043 3 месяца назад +60

    The banks make it too easy for scammers to use wire transfers. Laws need to be passed to protect consumers such has putting a 24 hour hold on wire transfers. Also allowing the customer to restrict wire transfers on their accounts.

    • @realismatitsfinest1
      @realismatitsfinest1 2 месяца назад +3

      Thankfully this would never happen in Canada where all the banks take a very proactive stance ... despite what the people in this video did, here in Canada, they would have been fully protected. All the banks in Canada (there are 6 of them) are much bigger and have a national presence (not the USA where they're more localized). As such, they're bigger with more resources and bigger clout with regards to getting the police involved so it's easier for them to eventually find the perpetrator. But as I say, in the USA, where banks are localized, they may not have that ability. However, banks like Bank of America should be more like banks in Canada and represent their clientele better.

    • @dennisd9554
      @dennisd9554 2 месяца назад +5

      Credit card companies are VERY proactive about preventing fraud. You know why? Because they're on the hook for paying for anything stolen, not the customer. If the government required the banks to do the same, you'd see HUGE anti-fraud changes and they would suddenly be very concerned about stopping it.

  • @scarbo2229
    @scarbo2229 2 месяца назад +17

    How refreshing to see a video where the speaker talks naturally, without constant edits.

  • @bratzdol
    @bratzdol 2 месяца назад +12

    This video is GOLD spot on. Another protection I would add is to have your savings and investments spread across multiple banks/brokerages/credit unions so if any one account is compromised you lose only that account, not all life savings.

    • @dennisd9554
      @dennisd9554 2 месяца назад +2

      Amen!

    • @voiceofraisin241
      @voiceofraisin241 2 месяца назад +2

      Exactly. The saying goes. Don’t keep all of your eggs in one basket.

  • @cayankeelord3730
    @cayankeelord3730 3 месяца назад +26

    Many financial institutions have the option of "locking down" access to your accounts online. Yeah, it's a hassle to get it unlocked later, but if we're talking about your life savings, it's well worth it! Just a phone call away.

  • @9liveslisa
    @9liveslisa 3 месяца назад +138

    Never answer phone calls that you don't know who they are. If it is that important, they will leave a voicemail. Also if you are contacted by who you think is your bank or financial advisors, don't pick up the phone, or answer a text or email. Call the institution directly with a known phone number instead and discuss the situation with them. Chances are the people reaching out to you are scammers.

    • @gstlb
      @gstlb 3 месяца назад +9

      Yes! I had to look at who wrote this to make sure it wasn’t me 😂

    • @scottneusen9601
      @scottneusen9601 3 месяца назад +7

      Also if a text message says, 'We will never ask you for this information.' Then don't tell anyone that information.

    • @GeneralSirDouglasMcA
      @GeneralSirDouglasMcA 3 месяца назад +13

      If they ask a question, don’t respond with “yes”. They can record your voice .

    • @glasshalffull2930
      @glasshalffull2930 3 месяца назад +21

      Financial fraud investigator for almost 25 years and I assume every contact (phone, text, email) is probably a scam and almost all of them turn out to be scams.

    • @sbkscuify
      @sbkscuify 3 месяца назад +7

      As for the comment about not picking up form people you don’t know, that is not what happened here. It was multiple calls from “Charles Schwab”. And when you answer they hook you with the pretend “we need to prevent a wire fraud”.
      I’d say to pick up the phone if the caller id looks legit. But once you hear what it is about, ask to call back. All legit agents are trained for this question and will NOT complain about it. They know exactly why you are wanting to do it.

  • @Roamey71
    @Roamey71 3 месяца назад +80

    Azul, why is spoofing a phone number even allowed! Can’t this fraudulent process be stopped by all the phone companies? How does spoofing even happen? I can’t believe in this day and age, that spoofing can’t be stopped.

    • @DennisReyes-n6e
      @DennisReyes-n6e 2 месяца назад +12

      I completely agree. How come spoofing is even possible? I think victims should consider sue-ing the phone companies for permitting spoofing. Is there any class action lawsuit law firm out there who can organize such a lawsuit? Gather many cases where spoofing played a major part in the scam, and then sue the phone companies for it. I bet you spoofing will end very quickly.

    • @iluvusa48197
      @iluvusa48197 2 месяца назад +3

      Excellent point.

    • @God.Almighty
      @God.Almighty 2 месяца назад +3

      there are legit reasons behind it. for example, with today's dispersed and wfh workforce, company representatives may call clients from all kinds of phone numbers, but companies only want to show their main number. same with letters. you can send a letter with a different return address than your own or no return address and that can be useful in many cases.

    • @LearnGrowHealThrive
      @LearnGrowHealThrive 2 месяца назад

      @@God.Almighty They can EASILY BLOCK their numbers, they don't need to show their numbers at all. Period. This is costing BILLIONS all over the world. It is a global problem.

    • @flagmichael
      @flagmichael Месяц назад +2

      It isn't allowed, it is just not something that can be identified and controlled... much like armed robbery.

  • @Dbb27
    @Dbb27 3 месяца назад +105

    Shred your mail!! My son was up at four in the morning and saw a guy going through garbage that had been put out for collection. There are people who go through garbage and sell your information!!! SHRED ALL MAIL

    • @hogroamer260
      @hogroamer260 3 месяца назад

      Story out just last week, ALL of our names, Social Security numbers, addresses, etc. Have been hacked and published on the dark web. Everyone should have all three credit reporting agencies freeze their credit.

    • @ShaferHart
      @ShaferHart 3 месяца назад

      Yep, it is low tech but it's one of the best things people can do to protect themselves especially in the US which is so snail mail centric. Most people leak so much private information in the thrash that they're not even aware of. A small shredder is like $50 or less and offers so much protection. Be vigilant about what information you leak via your thrash especially if you live in an apartment complex. I've seen so many irregularities personally that I've had to report like people working for the apt complex going through the garbage. It's ridiculous.

    • @kws5354
      @kws5354 3 месяца назад +10

      My wife and I have been shredding everything for years. A habit I picked up from when I was in the navy

    • @tranger4579
      @tranger4579 2 месяца назад +7

      Years back I before heading out to work in the morning I would see my trash bin tipped over and trash all over the curb. I would get upset and pick it up thinking it was animals making the mess. I decided to leave it on the yard and take the bin out to the curb before going to work instead of leaving it out at night. Woke up and looked out the window and trash was all over the yard so after that I decided to bungee cord the lid and still to no avail. So my wife suggested to leave it the the back yard and take it out in the morning. No issues after that. Then one morning a detective came up and asked if I had seen two people a man and woman going through trash and mailboxes.

    • @luannehorne697
      @luannehorne697 2 месяца назад +3

      They go through mailboxes for info. Drop your mail INSIDE the PO.

  • @GraysonNathan-v8y
    @GraysonNathan-v8y Месяц назад +252

    A solid investment strategy is like a well-planted tree-it can withstand storms and still grow strong."

    • @LoganGabriel6m
      @LoganGabriel6m Месяц назад

      A solid investment foundation can weather market volatility and keep growing strong.

    • @AbigailOliviaq4l
      @AbigailOliviaq4l Месяц назад

      Right! My financial adviser helped me establish a solid investment foundation, which has provided resilience during market ups and downs.

    • @LincolnFelix-s4z
      @LincolnFelix-s4z Месяц назад

      On the other hand,I’m looking for a reputable adviser to help me establish a strong investment foundation.

    • @AbigailOliviaq4l
      @AbigailOliviaq4l Месяц назад

      NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @LincolnFelix-s4z
      @LincolnFelix-s4z Месяц назад

      Thank you for this amazing tip. I just looked the name up and wrote her.

  • @rememberdavid9329
    @rememberdavid9329 3 месяца назад +60

    Very important topic to cover Azul. Thank you!

  • @RayH-
    @RayH- 3 месяца назад +15

    Banks don't call and tell you a transaction is going to go through unless you stop it. Banks call and tell you that the transaction has been blocked and ask if you initiated the transaction. Then they tell you you will need to nake the transaction a second time and then they will allow it to go through.

  • @Ron-py7rt
    @Ron-py7rt Месяц назад +1

    Thank you. I got scammed for $60k last week & am still traumatized from it. I've owned businesses & consider myself fairly sharp, but am now 70 years old & probably not as sharp/smart as I used to be. You are correct about the scammers' techniques. Thank you for warning others.

  • @loukramer152
    @loukramer152 3 месяца назад +14

    It seems so easy for scammers to steal our money, yet whenever there is a legitimate transaction to wire money overseas etc. it is such a big hassle. We have AML (anti-money laundering), KYC (know your customer) regulations which create a hassle for banks and their customers, yet for some reason a rip-off cannot be blocked or reversed by the system - we have a system designed by the criminals that works very well for criminals.

    • @flowerNspice-24
      @flowerNspice-24 2 месяца назад +1

      You are so spot on. We only notice the lowly criminals and miss the ones heading the whole operation. They will all give an account some day.

    • @cannotbeshaken7889
      @cannotbeshaken7889 2 месяца назад

      How did the scammer take their money just from knowing the phone code? Didn't they also have to know their password?

  • @masterofnone2705
    @masterofnone2705 3 месяца назад +21

    Rule 1: Don't get scammed. You go shopping to get your needs and seller do not interrupt you to fill your needs. Don't answer strange calls unless you are expecting a call. If you think the call is strange, do not share any personal info.

    • @stevefarris9433
      @stevefarris9433 3 месяца назад

      My old fashioned answering machine does the initial block. if they do not leave a message I erase the call. If they do leave a message and phone number I look up their number. If I can't prove they are who they say I erase it. if they leave the name of a company I call that companies number, not the one that they leave. At 87 I learned long ago that scammers do not have human values. Almost as bad as democraps at election time.

  • @Raniyanhunter
    @Raniyanhunter 28 дней назад +853

    I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $350k. before I turn 60, I would appreciate any advice on potential investments.

    • @garnold-l5p
      @garnold-l5p 28 дней назад +3

      I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @Mlanderos-t9e
      @Mlanderos-t9e 28 дней назад +2

      Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

    • @Anessa-gibson
      @Anessa-gibson 28 дней назад

      That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?

    • @Mlanderos-t9e
      @Mlanderos-t9e 28 дней назад +1

      My CFA, Teresa L. Athas, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.

    • @Anessa-gibson
      @Anessa-gibson 28 дней назад +1

      I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks

  • @GeorgeKennedy-u4r
    @GeorgeKennedy-u4r 3 месяца назад +28

    Unfortunately the world has become one big shit hole.

    • @LearnGrowHealThrive
      @LearnGrowHealThrive 2 месяца назад

      No, it's always been one big shit hole, but now the world is connected online, and that makes the fraud a lot easier than it ever was before.

    • @Rubicon1
      @Rubicon1 19 дней назад +2

      One drop of water fell on an ant and he thought the world was flooded.

  • @w.harrison7277
    @w.harrison7277 3 месяца назад +47

    I agree with Schwab's position. If you give your password to someone why should it be Schwab's fault? A verification code is also a password, that's all it is. Its like handing out keys to your car in public and then expecting your car insurance to cover the theft of your car. If you receive a security threat warning NEVER click any links in a text or email or call any phone numbers given by the security warning itself. That's the oldest scam in the book. If you click that link it will likely show the normal login page but its a hoax: As you type in your username and password you're giving it to the thieves who will empty your account before you realize what happened.

    • @noconsentgiven
      @noconsentgiven 2 месяца назад

      Because they got the info from somewhere. And there are a number of protocols these banks can implement to make it all but impossible to stop alot of this crap.

  • @erniekeller1093
    @erniekeller1093 3 месяца назад +165

    This is phenomenally stupid. If you get a call from "Schwab", YOU CALL SCHWAB!

    • @gracewright7938
      @gracewright7938 3 месяца назад +8

      Anyone, call the phone number on the back of your card.

    • @beerbrewer7372
      @beerbrewer7372 3 месяца назад +11

      @@gracewright7938 What card?

    • @majorlagg9321
      @majorlagg9321 3 месяца назад

      I got a text from "Capital One" asking if I made a purchase for $549 at an Apple store (as though the Apple store sells anything that cheap). I pressed no and it asked for my account login. I then called Capital One using the number on their website and was told they didn't send any alert.

    • @johnsode17
      @johnsode17 3 месяца назад

      “But they said they were from Charles Schwab. Why would they lie?” What other reason would someone trust the caller on the other line? I hope people know by now that phone calls can be spoofed to look like they are calling from the company they are claiming to be a representative. To Azul’s point (and others who have said it), don’t say anything, just hang up and call the known hotline numbers. Have those numbers on your contact list ahead of time so you aren’t scrambling when the time comes. I would go so far as to not even answer the phone if callerid is showing Charles Schwab. I don’t want to sound too paranoid but now the bad guys are recording your voice when you speak and based off pronunciation of a small number of words, they can synthesize anyone’s voice. This can be used several ways. Some use that to convince the caller that they’ve been kidnapped. It can also be used to wire money because they lost their wallet and need money to get back home. To prepare for such an event - establish a safe word or phrase to use that only the two of you know to establish identity. Do not use things like Date of Birth and other discoverable pieces of data.

    • @secretagent86
      @secretagent86 3 месяца назад +1

      Big price to pay for a mistake

  • @tommy65021
    @tommy65021 3 месяца назад +8

    The way to solve this, is to not allow funds to be transferred out of an online account. Why do they make it so easy to WIRE funds out of an account. This is really DUMB. Make it so if someone logs into your account there is no value there, because they cannot do anything!!! Banks should allow the ability to WIRE money out to be disabled. We should have the option to disable this feature especially if you have your life savings there.

  • @dennisl4000
    @dennisl4000 3 месяца назад +22

    Never give any sensitive information to an in coming call. Call back on a known number, period.

    • @tzm1843
      @tzm1843 7 дней назад

      No information at all!

  • @mikeyis009
    @mikeyis009 3 месяца назад +30

    Everything is a scam. I tell everyone this.

  • @jerrycampbell-ut9yf
    @jerrycampbell-ut9yf 12 дней назад +617

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2025

    • @Peterl4290
      @Peterl4290 12 дней назад +4

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @larrypaul-cw9nk
      @larrypaul-cw9nk 12 дней назад +1

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @sabastinenoah
      @sabastinenoah 12 дней назад

      Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @Aarrenrhonda3
      @Aarrenrhonda3 12 дней назад

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @sabastinenoah
      @sabastinenoah 12 дней назад

      Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like

  • @tonelocrian
    @tonelocrian 3 месяца назад +7

    The trick is to always do an independent call with a direct contact with your bank.. And DON'T answer scam callers.
    or any UNKNOWN numbers. Set up your fone to ONLY ring for known numbers. Stay SAFE.

  • @StevenDietrich-k2w
    @StevenDietrich-k2w 3 месяца назад +19

    If you didn't initiate the phone conversation always be suspicious that it could be a scam. I had a call from someone claiming to be from Vanguard, and it was a call that I hadn't expected. I told the caller to call me back in 30 minutes as I was busy with something and couldn't talk (I wasn't). After hanging up I called Vanguard on a number that I knew to be true and spoke with a representative. He said that they were calling people with a certain type of account, which I had, and that it was a legitimate call. I talked to the first guy when he called back at the agreed upon time. Better safe than sorry.

  • @chuck_in_socal
    @chuck_in_socal 3 месяца назад +13

    My response would be...I have concerns about fraud. Therefore I can't provide you any information. I'm not authorizing any transfers. If necessary, lock down my account and I'll come in to your office.

  • @tcc447
    @tcc447 3 месяца назад +3

    More can be done to prevent this: a) do not allow money to be wired to a 3rd party account; b) do not allow instantaneous wire transfers; c) call their valued customer to confirm the wire request is valid; and d) limit an initial wire transfer to 10%-20% of the total account value to ensure an account cannot be wiped out with one transaction

  • @gregohare2406
    @gregohare2406 3 месяца назад +21

    IF YOU DON’T KNOW THE PERSON KNOCKING, JUST SPEEK THROUGH THE DOOR THAT YOU ARE NOT INTERESTED! Not answering the door when someone knocks is not a good idea. They may be knocking to see if someone is home before they break in. If it is someone we don’t recognize we don’t open the door but say we are not interested. This way they know we are home but they are denied entry. This happened to us. We didn’t answer the door and a few minutes later found them trying to pry open our back door. When they saw us inside they took off.

    • @ravendixon1099
      @ravendixon1099 2 месяца назад +3

      However by answering your phone the scammers know it's a good number. Check your VM & block the number.

  • @keithbrenda8713
    @keithbrenda8713 3 месяца назад +21

    These thieves need to be caught and dealt with severely. Someone knows who they are.

    • @bjb7587
      @bjb7587 3 месяца назад +1

      Usually Eastern Europe or certain African countries. In both cases, countries unfriendly to the West. Case closed.

  • @user-uv4mg4ve9p
    @user-uv4mg4ve9p 3 месяца назад +9

    Anyone calling you claiming to be with a company you do business with could be a scammer pretending to be with that company. Hang up and call the company yourself to determine if legitimate.

  • @fredfolson5355
    @fredfolson5355 3 месяца назад +25

    My kids know not to open the door when people knock. I was in the garage detailing my car once when I noticed some door-to-door salesman walking up to waste my time; I reached up, pushed the button to close the garage door right in their face. My daughter said "DAD! You just closed the door on them!" I said "So. So what! This is my house, and my time and I don't feel like being bothered right now." She learned a great lesson that day to take control of your life and your time.

    • @BlessedBeMyDay
      @BlessedBeMyDay 3 месяца назад +5

      I live in HOA condo. Bug man comes to door to say going to spray today. Ok fine never told me before though but ok. Then he asked if I needed him to spray inside which also covered by HOA. Nope alls fine . I knew he was up to no good right then , hoa not doing inside my house for free. I called my HOA to tell them what was going around .

    • @butchjohnson3953
      @butchjohnson3953 3 месяца назад

      😂😂

    • @cashflow68
      @cashflow68 2 месяца назад +2

      I have a sign on my doorbell that says "Deliveries Only" Otherwise, DO NOT Disturb.

  • @p.m.8316
    @p.m.8316 3 месяца назад +76

    U sure it wasn't Klaus Schwab

  • @andyny29
    @andyny29 3 месяца назад +6

    Let the call go to voicemail! The scammers will not usually leave a message! Call your bank directly!

  • @getplaning
    @getplaning 3 месяца назад +8

    A security consultant gave a presentation at an event put on by my wife's financial advisor.
    He said that 10 years ago, half of all internet traffic was porn. Today, 80% of all internet traffic is fraud, scams, and bots, trying to steal money or information.

    • @goodbyspam
      @goodbyspam 2 месяца назад +1

      So porn is down to 20%?

    • @getplaning
      @getplaning 2 месяца назад +1

      @@goodbyspam Since I gave up watching it, yeah

  • @43Danc
    @43Danc 3 месяца назад +9

    Scary. Your advice was exactly what I was thinking. Call the bank and verify.

  • @nicolasbenson009
    @nicolasbenson009 Месяц назад +517

    I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $200k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?

    • @sharonwinson-m8g
      @sharonwinson-m8g Месяц назад +4

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

    • @tatianastarcic
      @tatianastarcic Месяц назад +4

      A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1.2m in gains… might not be a lot but i'm financially secure.

    • @Vincent-j8u
      @Vincent-j8u Месяц назад +4

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @tatianastarcic
      @tatianastarcic Месяц назад +4

      Yeah for real, Melissa Terri Swayne is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience..

    • @TinaJames222
      @TinaJames222 Месяц назад +2

      She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

  • @lanierosenberg
    @lanierosenberg 2 месяца назад +4

    The number one rule in saving is the same as the number one rule for investing, DIVERSIFY!!! Never have all your money in one place. If one account gets hacked/stolen, it's not the end of the world.

  • @AnimalMother60
    @AnimalMother60 2 месяца назад +2

    I would add that you should wait for a few minutes before calling your bank after the scammers call. Apparently there’s a trick scammers use where they do not hang up after you do and the line stays connected. When you dial the number on your card, they answer as if you’re calling your bank. It may only work on landlines, but there didn’t seem to be certainty it doesn’t happen on cell phones.

  • @DJ-ik7bs
    @DJ-ik7bs 3 месяца назад +3

    I always ignore those calls , if in doubt go without.
    Or call your bank/accountant and check before answering a random call.

  • @ronnythompson9115
    @ronnythompson9115 3 месяца назад +6

    Wire transfers should be disabled by default. It should take a letter in the mail or a walk in to enabled wired transfers.

    • @aliannarodriguez1581
      @aliannarodriguez1581 3 месяца назад +1

      100%!

    • @ronnythompson9115
      @ronnythompson9115 3 месяца назад +3

      @@aliannarodriguez1581 WIre transfer should never be enabled by default. That sounds like a law suite on its own.

  • @scottiswatchingtele
    @scottiswatchingtele 2 месяца назад +2

    This is such a great reminder. Be very aware of text messages. They aren’t as pretty and easy to detect. I got one today from the bank. Something told me to check. It was smishing. Never ever ever tap a phone number in a text message from a phone message. I had a moment of clarity but could’ve been fooled. I use a separate number for banking so if I get a text at a different number it’s a red flag. After watching this video I’m getting scared I’ll screw up. Need another method.

  • @xiomaraquijada5121
    @xiomaraquijada5121 2 месяца назад +4

    Thank you for taking your time for this warning.
    Really appreciate it. ✨

  • @jeff8ball
    @jeff8ball 2 месяца назад +3

    Thanks for the heads up. If I get a call from a number not in my contacts, I never!!! answer it. Most times they do not leave a voice message, so I know its not important. And always verify the phone number by looking it up and never call back on the number you received the call on.

    • @mommy-conmed
      @mommy-conmed 20 дней назад

      Problem is, spoofed number may match the one in your contacts. So not even that is safe.

  • @bibleaday154
    @bibleaday154 3 месяца назад +4

    This happened to my dad one month ago, with Charles Schwab. They told him his account was locked and he gave them the information.

  • @RayH-
    @RayH- 3 месяца назад +12

    Use the account verification banks use on the caller. What is my account number.? What is my balance? What is the date, amount and payee of my last transaction. The Bank will know this information.

    • @yujie1973
      @yujie1973 2 месяца назад +1

      Yes, the bank knows the info. but they will not tell you. What if you are not the account owner but someone happens to pick up the call like family, friends or even stranger? The bank uses those info. to verify you, not the other way around.

    • @olasek7972
      @olasek7972 Месяц назад +1

      just ask them for their name and number to call back, very simple.

  • @aulderyan
    @aulderyan 2 месяца назад +4

    Schwab was justified in denying the fraud claim. The couple broke every rule in the "dont get scammed book. Your guidance is correct. Stay vigilant everyone.

  • @buckybarnes3803
    @buckybarnes3803 3 месяца назад +43

    The Bee Keeper will take care of this

    • @MB-uy5kh
      @MB-uy5kh 3 месяца назад +4

      Awesome movie! Looking forward to Beekeeper 2

    • @Factsmatter626
      @Factsmatter626 3 месяца назад +1

      I thought it was a bad movie. Jason, big fan. Bad writing, not a fan.

    • @wanderlust4591
      @wanderlust4591 3 месяца назад +2

      He never got the money back

    • @schallrd1
      @schallrd1 2 месяца назад +1

      The old lady still got stung.

  • @yogimaster1
    @yogimaster1 3 месяца назад +3

    If anyone calls you claiming to be your bank, your credit card security, the IRS (which would never happen) etc. just say "let me hang up and I'll call you right back so I know it's really you I'm talking to." Then hang up, regardless of what they say, and look up the correct phone number to whomever they claimed to be with. They really target old people.

  • @VeritatemQuaere
    @VeritatemQuaere 3 месяца назад +5

    Simple steps of protecting yourself from a 30 year ITer.
    Freeze your credit
    RFC cards in wallet
    Put in stop cell phone # forwarding with carrier
    Don’t answer ANY phone call not in your contact
    REMEMBER If financial or tech calls you directly, hang up and call them back with the number you contact them before.
    And now for the hardest rule: Use Common Sense, if you don’t have it ask a family member to help you.

    • @christopherstewart9874
      @christopherstewart9874 3 месяца назад

      That plus no financial apps on your phone. No financial contacts on your phone. That way, if your phone is lost or stolen they have no idea where your money is.

    • @VeritatemQuaere
      @VeritatemQuaere 3 месяца назад

      @@christopherstewart9874I am not an apple proponent but there facial recognition is very good. No one getting in your phone with that turn on. Get and use a vpn and learn how to use, quite easy actually.
      Also if the phone app is directly from the financial site, then they are safer than a computer. Security in IT is a layered effect due to the many points of entry. Heck if this 66 year old can do it, so can you.

  • @AL.BUNDY.
    @AL.BUNDY. Месяц назад +1

    Scary story. Sounds so unbelievable but stories like this is so true.

  • @StevenDonald2
    @StevenDonald2 2 месяца назад +122

    Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

    • @ontheroad5555
      @ontheroad5555 2 месяца назад +2

      It's not worse here. I saw an expert two nights ago on tv he said the US is doing way better economy wise than other countries. We had a better turn around for jobs after the pandemic. We finally got inflation low to where the Federal Reserve will soon be able to cut interest rates to allow for more borrowing and potentially buying more homes and other goods.

    • @MoreLifePlease
      @MoreLifePlease 2 месяца назад

      ​@ElizabethMaria9I agree. It's a shame so many people seem never to have been made aware of this fact of life in the 21st century United States.

    • @MoreLifePlease
      @MoreLifePlease 2 месяца назад

      ​@JENNIFERSONIA8The advice I've seen from Warren Buffett, the late Jack Bogle and others is that, if you have no particular investing chops, like me, it's best to put your money into index funds. A popular one is index funds tracking the S&P 500, but there are others.
      A major benefit of these is low or even no fees. These can seriously eat into actively managed investments.
      Growth tends to be slow but pretty steady, though you'd still be hurt by such things as the 2008-09 and 2020-21 pandemic crashes, so you should be ready for that possibility.
      Good luck.

    • @twostate7822
      @twostate7822 2 месяца назад +2

      Unemployment is running between 3 and 4%, near historical lows. The stock market is booming, and corporate profits are at record highs. Are we better off than 4 years ago? Lets see, 4 years ago under Trump unemployment was in double digits, the stock market crashed, there was shortages of many goods like toilet paper, millions of people lost their apartments because they couldn't pay the rent. Yes, those were the good times, right???

    • @TLA123y6f
      @TLA123y6f 19 дней назад

      @JENNIFERSONIA8 You're scamming people on a podcast that's about trying to protect yourself from NOT getting scammed??? OMG. There WILL be a day of reckoning for you. And you will NOT like it.

  • @tshuxeng5267
    @tshuxeng5267 Месяц назад +2

    these tranfers can easily be tracked but yet they can't get the money.... makes no sense.

  • @Supernumerary
    @Supernumerary 3 месяца назад +4

    A savy person can detect foreign accents and can identify the ethnicity of a person by their accent. Even a very mild accent. Identifying ethnicity is one aspect of security, identifying friend/foe.

    • @aliannarodriguez1581
      @aliannarodriguez1581 3 месяца назад

      We live in a multi-ethnic society so that doesn’t seem like it would be very helpful. Heck, the banks are starting to outsource their fraud centers to other countries now so even when you call them the accents are going to be all over the map.

  • @sactopyrshep
    @sactopyrshep 3 месяца назад +12

    I have two rules that simplfy my life.
    1. Only open First-Class mail. If it isn’t important enough to send first-class mail, I’m not interested.
    2. Never answer a call from someone you don’t recognize. Let it go to voice mail. If it’s important, they will leave a message.

  • @christopherstewart9874
    @christopherstewart9874 3 месяца назад +87

    NEVER have your all of your life savings in just one financial institution.

    • @raiden031
      @raiden031 3 месяца назад +2

      Well when you're stupid you're going to give it up to scammers even if it's spread out

    • @LearnGrowHealThrive
      @LearnGrowHealThrive 2 месяца назад

      They were YOUNG, they likely didn't have enough money to spread it around to multiple institutions and pay multiple fees at multiple banks.

    • @olasek7972
      @olasek7972 Месяц назад

      I do have all my life savings in a single institution but I don’t fall for silly scams

  • @CBReal1290
    @CBReal1290 3 месяца назад +1

    Azul, you are so wonderful to present this fully explaining the steps of deception that the scammers took and their persistence and the simple misstep that the family took by not handling the verification code themselves are going online themselves to check. Thank you so much. I’ve passed it along. Sometimes I wish others in my circle. Would send me such warning information, but there are a few that do so I’m thankful for that. Have a wonderful Sunday and stay out of direct sunlight too much.

  • @bookmagicroe9553
    @bookmagicroe9553 3 месяца назад +47

    Someone called me supposedly from a poll. The person had an accent. They asked me for my educational level and date of birth. I kept hearing
    a rooster crowing and when I asked about the rooster the person hung up. Apparently the poll was over !

    • @LJ-jq8og
      @LJ-jq8og 3 месяца назад +7

      Just had the same call to my mothers voice mail.. I should call them back and give them a bad DOB and play it out ! 😆

    • @bjb7587
      @bjb7587 3 месяца назад +2

      Rooster was the caller's supervisor.
      "Hurry up. Faster!"

    • @amgooder
      @amgooder 2 месяца назад +1

      Oh! That night for sure they had rooster soup😂😂😂

    • @goodbyspam
      @goodbyspam 2 месяца назад +1

      I'll try asking about the rooster too. Hope it works.

  • @myrlandejones8537
    @myrlandejones8537 Месяц назад

    Thank you so much for this video! My mom got scammed once when she received a call from the “IRS” stating she owes a tax balance from the prior year. They manipulated & scared her into paying them $2,000. ☹️ there are many scammers out there. Be careful folks!

  • @myownboss1
    @myownboss1 3 месяца назад +3

    VERY GOOD ADVICE! I do not pick up any calls except from known or expected numbers (friends or job); all the rest go to voicemail. That way I basically screen calls for telemarketers etc. they rarely, if ever, leave messages…. Now that our social security numbers have been stolen, we have to be even more careful….

  • @God.Almighty
    @God.Almighty 2 месяца назад +1

    i feel i'm smart enough not to fall for scams but not overconfident enough to think it can never happen to me. watching and reading about these cases is like ongoing tactical training for my mind to continue to be cautious and wary at all times.

  • @jeffreyscott5799
    @jeffreyscott5799 3 месяца назад +6

    Time to stop all American tax payer Aid to those countries that have spam call centers!

    • @LearnGrowHealThrive
      @LearnGrowHealThrive 2 месяца назад

      Oh good freakin' god, from one American to another, go find a university and enroll in it. Fraud calls happen in the US just as frequently as they do at scam centers outside the US. smh

  • @williamobrien3981
    @williamobrien3981 2 месяца назад +2

    Scammers submitted a fake tax form 1099 with our info and tried to have the refund sent to their debit cards. Fortunately the debit card company did not send the debit cards to the scammers address, but instead sent it to our address on record, which is how we found out something was going on. we informed the IRS who issued us a pin number to use for our 1099s. What was crazy was the IRS still processed the fake 1099 and sent me a check for $7000, which I then had to return to the IRS.

  • @sunlite9759
    @sunlite9759 3 месяца назад +7

    I constantly get texts or e-mails from USPS or equivalent claiming they can't deliver a package. Don't answer. Think?

    • @sunlite9759
      @sunlite9759 Месяц назад +1

      I do to. Don't answer any calls or texts when you don't recognize the sender.

  • @tubulardude44
    @tubulardude44 Месяц назад

    Also freeze your credit at all 3 bureaus. It’s easy to do. IF you ever need to apply for a loan or a credit card, you can “thaw” your credit for the time necessary to get approval.

  • @johnsimonelli9988
    @johnsimonelli9988 3 месяца назад +3

    Never ever call them back on your phone that received the call or your house or business phone!! They can actually highjack your sim card and reroute any number you dial to them. That is from a good friend of mine that investigates fraud cases. Ask yourself this question, Why would your bank call you to tell you someone is trying to steal your money!!!

    • @bjb7587
      @bjb7587 3 месяца назад

      Why wouldn't your bank contact you to tell you someone is trying to steal your money?
      Now, granted they will stop any suspicious activity, but they will still contact you.

  • @johnstack5008
    @johnstack5008 3 месяца назад +2

    This p problem is becoming more common and the scanners are becoming more sophisticated. In addition to all the security precautions, my advice is not to keep all your eggs in one basket. Spread you wealth among many brokerage accounts so if you get unlucky with one, at least you didn't lose everything. Take special security precautions with any accounts that holds your emergency fund or lots of cash.

    • @cascadiadesign
      @cascadiadesign 3 месяца назад +1

      Yep - After the financial mess of 2008, I keep my retirement savings in 3 institutions. Even that's not a guarantee, but I sleep better knowing the eggs are in 3 baskets.

  • @greglane3978
    @greglane3978 2 месяца назад +3

    If anyone calls me and tell me they are from any financial organization I deal with I simply tell them no thanks I will make the connection to them from my end to ensure it is valid.

  • @chrisguli2865
    @chrisguli2865 3 месяца назад +2

    It cannot be overstated - NEVER give any information to any inbound caller - SS7 (signaling system 7 which is very old) allows the caller to program any name in the record. ALWAYS call back the bank, brokerage or other financial firm directly at their OFFICIAL number, which you can get from their official website or bank card as you mentioned. ALWAYS call back to verify. I usually don't pick up unsolicited calls but in this case I might have after 3 attempts. Note the number on your caller ID, and when you call back the bank or company at their OFFICIAL number, give them the scam number and tell them they are suspected scammers. NEVER give out the six digit verification codes, passwords or PINs to anyone, even if they are really from the bank.

  • @carolmarr6607
    @carolmarr6607 2 дня назад

    Thanks for warning people. Horrid scammers and they get away with these fraudulent schemes

  • @stephaniewillson9383
    @stephaniewillson9383 2 месяца назад +4

    And thats the best part of being broke...nobody has called to scam me...nothing to scam!!!

  • @judithrix-brown8790
    @judithrix-brown8790 2 месяца назад +2

    Best advice do not answer any calls you are not familiar with. Also if a brand name like a bank or Amazon. Check your bank or credit card statements for any unusual activity. I just got one from Norton as a credit card charge that never happened. I spoke to no one.

  • @dirtyjersey4672
    @dirtyjersey4672 3 месяца назад +33

    I don’t answer any calls that aren’t already in my contacts. No voicemail = automatic block. Then there is a current text message with a United States postal service claiming they have a package at there facility, but need to verify my information? lol, and there is a link to click on. Unbelievable! I just keep blocking these clowns.

    • @drescherjm
      @drescherjm 3 месяца назад +8

      I have seen a postal one that is like we have a package addressed to you (and they don't know who I am) and at the same time they need my address to deliver but somehow they have my cell phone number which I don't give out. I just delete that nonsense.

    • @steveshea6148
      @steveshea6148 3 месяца назад +3

      You realize that there's phone number spoofing right... just because it appears to be the number from your contacts doesnt mean it actually is.

    • @dirtyjersey4672
      @dirtyjersey4672 3 месяца назад

      @@steveshea6148 I get that. However, that hasn’t happened to me so far. Knock on wood!

    • @garatobra2504
      @garatobra2504 3 месяца назад +2

      Who in the postal office have time to give this kind of individual service ? If the PO does that the whole postal system will be paralyzed.

  • @JayRay9999
    @JayRay9999 2 месяца назад

    Hey thanks!!!!, people that get scammed think they never could be scammed. I see the "do not share the code with anyone" part of the txt and never understood why they would say that. NOW I UNDERSTAND WHY THEY SAY THAT!

  • @movdqa
    @movdqa 3 месяца назад +7

    If I get a contact from a financial firm, I go to the website directly (never from a link). I have text and email alerts from my financial companies for every transaction. The latter helps if someone does checkwashing which is a really big problem these days.

  • @Sutterjack
    @Sutterjack 2 месяца назад +1

    Scammers often use FEAR and URGENCY as the main tactic to make you panic and not think rationally - always take deep breath and contact your financial institution DIRECTLY.

  • @Joe-n4e8e
    @Joe-n4e8e 3 месяца назад +3

    Wow an ex director for those agencies fell for a scam?? Goes to show how vulnerable we become as we age😳

  • @johneyon5257
    @johneyon5257 6 дней назад

    the suggestion to call a number you know is the company's is a practice I use in response to emails with links to click - instead of relying on convenient links - i open another tab and type in the website home page (or select from 'favorite bookmarks') - and work my way to my account - this is how i'm training myself to never click on links in emails

  • @rschier1
    @rschier1 3 месяца назад +58

    I will NEVER answer a call from an unfamiliar number. It's as easy as that.

    • @BlessedBeMyDay
      @BlessedBeMyDay 3 месяца назад +8

      The problem is it could be a spoofed number. Which to you looks legit. Let go to voicemail and call them yourself with a number you know to be good .

    • @thebes118
      @thebes118 3 месяца назад +3

      I do both.

  • @conniefossum8540
    @conniefossum8540 2 месяца назад

    Thank you for this information and reminder how to keep our accounts safe information safe.

  • @Michaelparker12
    @Michaelparker12 3 месяца назад +7

    A Friend told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. is this a good way to potentially grow my retirement savings to about $3M over time?

    • @Theodorebarba
      @Theodorebarba 3 месяца назад +4

      There are strategies that could be put in place for solid gains regardless but such executions are usually carried out by investment experts or advisors with experience

    • @BridgetMiller-
      @BridgetMiller- 3 месяца назад +4

      Your friend is not a professional, Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

    • @Agatha.wayne0
      @Agatha.wayne0 3 месяца назад +3

      Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one then

    • @BridgetMiller-
      @BridgetMiller- 3 месяца назад +3

      Jessica Lee Horst is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @DhanaPayar
      @DhanaPayar 3 месяца назад +2

      curiously inputted Jessica Lee Horst on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal

  • @davidshettlesworth1442
    @davidshettlesworth1442 3 месяца назад +1

    Thank you for this excellent educational and cautionary video. Points well made and greatly appreciated.

  • @rcdyer
    @rcdyer 3 месяца назад +3

    This is particularly bothersome because all they had to do was set their account up to alert them by text and or email when there was a minimum amount you select being withdrawn out of your account or trades, transactions, etc. being done! If they had done this they would have known the call was bogus. SET YOUR ACCOUNTS UP TO ALERT YOU. This will stop scammers AND you will be alerted IF somehow they hack your account and take your money out, sell your stocks, etf's, etc. Protect yourself people..

    • @dorothymartin8557
      @dorothymartin8557 11 дней назад

      How do you set that up? I haven't been offered an option like that. 9:27

    • @rcdyer
      @rcdyer 10 дней назад

      @@dorothymartin8557 contact customer service. I don't remember exactly how I did it.

  • @dorothymartin8557
    @dorothymartin8557 11 дней назад

    We need to have MUCH more severe sentences for any convicted scammer and/or hackers. Like minimum 15 year jail sentences, etc.

  • @patiencezero-xc9zl
    @patiencezero-xc9zl 3 месяца назад +17

    Those are the calls I love taking and really effing with the scammer. I pretend often to be duped and waste a lot of their time, hopefully giving them less time to dupe just one person. They get really angry when they figure out they are being screwed with because they are on a clock.

    • @Wendy-ce5gd
      @Wendy-ce5gd 3 месяца назад +5

      My dad did that once. He played along while the scammer told him he needed to go directly to the bank to withdraw xxx dollars. He pretended he was getting in the car and driving to the bank etc, as far as the scammer let it go on..l

    • @johng4093
      @johng4093 3 месяца назад +3

      Cheap thrills. 😊

    • @Max-hq2jm
      @Max-hq2jm 3 месяца назад +2

      I did the same..had the guy in the phone for 23 minutes. Funny thing, I don't get those calls anymore...

    • @goodbyspam
      @goodbyspam 2 месяца назад

      @@Max-hq2jm Yes I usually drag it out for as long as possible. I almost feel sorry for the poor wretch on the other end of the line.

  • @stevemyopinion423
    @stevemyopinion423 3 месяца назад +3

    There should be a way to lock your account that no more. A set amount. Can be sent with out going there in person with I'd

  • @dinahsoar6982
    @dinahsoar6982 2 месяца назад +2

    My mother had to run a quick errand and left my two sisters at home, telling the oldest, DO NOT OPEN THE DOOR TO ANYONE...Mom left, drove around the block, came back to the house and knocked on the door...the oldest opened the door and mom let her have it b/c she opened the door after being told not to do so..we laugh about it now, but it does prove that leaving kids home alone can be risky. Sis claimed she knew it was mom, and that's why she opened the door...apparently she'd looked out the window and seen mom's car in the driveway.

    • @voiceofraisin241
      @voiceofraisin241 2 месяца назад

      Mom was smart. Just not smart enough. even if the daughter didn’t see mom’s car she could recognize the sound of the engine or the door closing.

  • @bonanzatime
    @bonanzatime 3 месяца назад +6

    I get so many emails from my financial and banking institutions that are actually legitimate. My question is, WHY do they do that?! When they know Damn Well that that is an open door invitation to encourage for scams!!! I Delete EVERYTHING!!!

    • @joarvat
      @joarvat 3 месяца назад +1

      They may inform you about things in that channel. Just don't click on any links or interact in other ways

    • @bonanzatime
      @bonanzatime 3 месяца назад

      @joarvat So why the hell do they put so many links in their emails? Even in emails about the dangers of cyber fraud and cyber security?. I think they have some really stupid people, or they are behind alot of the fraud. .. Banks should NOT be sending their clients any kind of emails. period.