Episode description
Episode description
Uncover the evolving world of financial scams in 2025 with insights from financial crimes expert Sergeant Brian Lashua. As we navigate the intricate web of scams, you’ll learn how AI plays a pivotal role in these fraudulent activities and why the infamous gift card scam remains a favorite among fraudsters. Discover which groups are most at risk and why no legitimate business ever demands gift cards as payment. With the holiday season and natural disasters often triggering spikes in certain scams, vigilance and quick action become your best defenses.
Our conversation takes a heartfelt turn as we focus on protecting our senior citizens from financial fraud. Discover practical ways families can shield their elderly loved ones from scams like romance fraud. Explore the dynamic partnerships between law enforcement and financial institutions that work tirelessly to combat these crimes and recover lost funds. We shed light on the vulnerabilities inherent in traditional banking practices, such as check writing, and advocate for secure online transactions to thwart mail theft and fraud.
When financial crime strikes, knowing what to do can make all the difference. We guide you through the critical steps for reporting incidents and discuss the emotional complexities that emerge when family members are involved. From safeguarding personal information to ensuring caregivers are trustworthy, we cover all bases. Moreover, we emphasize building a robust financial foundation with simple security practices like strong passwords and regular account monitoring. Equip yourself with the knowledge to protect your financial future and stay one step ahead of scammers.
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Welcome to Money Matters, the podcast that focuses on how to use the money you have, make the money you need and save the money you want – brought to you by Neighbors Federal Credit Union.
The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice.