Fraudology Podcast with Karisse Hendrick Fraud News: Financial Fraud Hits US Economy and Authorized User Fraud
Sep 19, 2024
The podcast dives into the urgent need for banks to improve communication and education around fraud. A striking case involves a Bay Area woman confronting Chase Bank after unauthorized charges on her card, highlighting systemic gaps. Listeners hear about the rise of financial crime in the U.S., affecting millions and costing billions. Insights into the emergence of 'Hustle Academies' in West Africa paint a picture of rising digital scams. Finally, the episode emphasizes the importance of consumer education in combating synthetic identity fraud.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 2min
Exploring Fraud's Impact on the Economy and Innovative Scams
02:09 • 8min
The Rising Impact of Financial Crime and the Need for Collaborative Solutions
10:26 • 5min
The Rise of Hustle Academies and Global Scamming Trends
15:22 • 7min
Understanding Synthetic Identity Fraud and Consumer Protection
22:47 • 11min