jonathancouch

419 Scams

In the digital age, scams have become increasingly sophisticated and far-reaching.  However, most of the newer more high-tech scams started years ago and have evolved over time.  One of the most notorious scams is the 419 Scam, also known as Advance Fee Fraud.  Despite years of public warnings, this type of scam continues to trap […]

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Port-Out Fraud

Has anyone heard of Port-Out Fraud?  Another term for this type of fraud is SIM swapping.  Port-Out Fraud is when a scammer fraudulently transfers your phone number to a new SIM card without your permission.  It allows the scammer to access accounts and services linked to your phone number, potentially leading to identity theft and

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Caregiver Scams

Once again, this week we are continuing to focus on scams and schemes that seem to be targeted at Elderly Americans.  Today we are going to look at Caregiver Fraud.  Caregiver fraud targets the elderly by taking advantage of their want/need for companionship and trust.  Caregiver fraud is when individuals pose as a trusted protector

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Grandchild Scams

Good morning all and welcome to another Fraud Friday.  Today we are continuing our May Senior Fraud Awareness month series with another common scam that targets the elderly, the Grandchild Scam.  We have covered this one before, but it is so important to refresh because this particular scam is still out there and only getting

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“Hello?” Scams

Good morning!  Another addition of Fraud Friday is upon us.  This week let’s talk about Unknown Number Text Scams, sometimes referred to as “Hello” scams.   Anyone received a strange text from an unknown number lately?  I’m sure you all have; it seems to be an epidemic.  I recently received one from someone texting their

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Fraud Categories

Did you know that fraud can be classified as either First, Second, or Third party?  All fraud is damaging not only to individuals but businesses as well, causing financial losses and mistrust.  Let’s dive in for a closer look at these 3 types and explore examples, red flags, and prevention.   First-party fraud occurs when

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