Ep 16 - The Rise of Financial Scams: What YOU Need to Know

How can you protect yourself from the ever-evolving world of financial scams? In this gripping episode, Josh tackles the alarming surge in financial fraud that cost Americans a record $10 billion last year. Josh delves into the mechanics of modern scams, offering historical insights and contemporary examples to arm you against becoming a victim. Starting with the latest FTC statistics, Josh highlights the rising tide of financial deception and the increasingly cunning tactics used by scammers. He discusses the sinister world of pig butchering scams, which lure victims with promises of financial success before exploiting them for substantial sums. Josh also explores the threat of deepfake technology, where scammers digitally mimic voices and images to defraud unsuspecting individuals. In the Extra Points segment, Josh is joined by Terrence Yang of Swan Bitcoin. Terrence sheds light on the vulnerabilities in cryptocurrency investments and the troubling use of NFTs as vehicles for scams. Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. New episodes touchdown right here! Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!