How to identify potential cryptocurrency scams
Americans lost billions to cryptocurrency scams in 2023, according to a recent report from the United States Federal Bureau of Investigation. Financial losses “involving the use of cryptocurrency, such as bitcoin, ether or tether” last year totaled over $5.6 billion, per the agency’s 2023 Cryptocurrency Fraud Report. That’s up 45% compared with 2022, according to […]
How to Wire Money: A Step-by-Step Guide
How to wire money Choose a provider Before you start the wire transfer process, you need to choose a provider to handle your transfer. You can go directly through your bank, according to the Federal Communications Commission (FTC), or use another money transfer service, like Western Union or Moneygram. Regardless of which you choose, transfers […]
Financial fraud targets older adults. How to recognize it
10’000 Hours | Digitalvision | Getty Images In an increasingly digital world, the specter of financial fraud looms large, especially for older adults. My experience with an 81-year-old client offers a stark illustration. While assisting “Emma” (not her real name) with email issues, I witnessed her vulnerability to scams firsthand. Despite my repeated warnings over […]