Life Kit
Simple ways to protect yourself from scams
Jan 27, 2025
Kelly Richman Pope, a forensic accounting professor at DePaul University, shares her expertise on the rising threat of scams. She discusses her personal experience with fraudulent concert tickets, emphasizing that scams can target anyone. The conversation dives into recognizing red flags, especially in scams aimed at students, like fake scholarships. Practical strategies for protecting personal information and managing accounts are highlighted. Pope also outlines essential recovery steps for scam victims, stressing the importance of reporting and seeking support.
18:36
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Quick takeaways
- Everyone, regardless of background, can fall victim to scams, emphasizing the need for awareness and vigilance against fraudsters.
- Identifying red flags like urgent payment requests and managing personal information online are crucial steps in protecting yourself from scams.
Deep dives
Understanding Vulnerability to Scams
Everyone is susceptible to scams, regardless of their education, age, or professional background. In 2022, an estimated $8.8 billion was lost to fraud, highlighting the prevalence of these schemes. Scammers are primarily interested in stealing money and personal information, which can lead to identity theft and fraudulent accounts opened in your name. It's important to recognize that even experts in fraud, like Kelly Richman Pope, can fall victim, demonstrating that anyone can be caught off-guard.
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