Episode Description
Compliance Kim takes the wheel for a topic close to her heart: fraud. Drawing on FINRA’s national research and real cases from their own firm, Kim and Emily share true stories, including one where a fraudster opened an account and beat two-factor authentication, to show how scams actually unfold and what to do the moment something feels off.
Fraud, Scams, and Deception
Episode Summary
Prompted by FINRA’s National Financial Capability Study, Kim and Emily dig into why concern about financial fraud is rising across every age group and income level. Emily shares her own near-miss with a scammer impersonating local police, and Kim walks through a case where a client’s landline was hijacked to defeat two-factor authentication and open a fraudulent account in his name. Together they lay out the tactics to watch for, manufactured urgency, unsolicited “help,” requests tied to unfamiliar accounts, and the simple habits that stop most scams cold.
“You’re not just victimized by them taking your funds. Then you have that embarrassment, that shame that you were bamboozled.”
Podcast Description
Financial Strides is your practical guide to financial wellness, hosted by Kim and Emily from Woodley Farra Manion Portfolio Management. Each episode tackles real money questions with clear, jargon-free conversations designed to fit your life and your pace, helping you build confidence in your financial decisions one step at a time.
Woodley Farra Manion does not provide tax, legal or accounting advice. The material discussed in this podcast series is informational in nature and is not intended to provide and should not be relied on for tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors prior to taking action related to this information.