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4 Most Common Financial Crimes To Protect Against
The document outlines the four most common financial crimes: identity theft, debit/credit card fraud, embezzlement, and wire fraud, emphasizing the importance of protecting personal financial information. It suggests regular monitoring of credit reports and financial activities to detect unauthorized transactions. Recommendations for avoiding these crimes include safeguarding personal data, only engaging in verified communications, and entrusting financial matters to trustworthy individuals.
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4 Most Common Financial Crimes To Protect Against
- 1. VERITICONSULTINGLLC 4 Most CommonFinancial Crimes To Protect Against TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts
- 2. What You ShouldKnow About the Four Most Common Financial Crimes? In recent years, technology has risen to the forefront as a tool for committing financial crimes. It’s relatively simple to master, convenient and easily accessible for anyone with fraudulent intentions. Even worse for the victim is that criminal activity may go undetected for some time and it’s difficult to pinpoint the perpetrator. TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts
- 3. ITEM #1 Identity Theft: Aperson who unlawfully uses your personal data to facilitate financial gains in your name is committing the crime of identity theft. Typically, someone would utilize your Social Security or tax ID number, credit history or account PIN details to take money or open a line of credit. The best way to protect against identity theft is to safeguard your financial information and check your credit report periodically TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts
- 4. ITEM #2 Debit/Credit CardFraud: This scam is similar to identity theft in that it involves the use of the victim’s personal data to charge purchases to a credit card or remove money from the account. To avoid these financial crimes, you should check your credit and debit card activity often for unauthorized purchases. Again, running your credit report on a regular basis is recommended. TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts
- 5. ITEM #3 Embezzlement: A personwho takes money entrusted to them by another, and then keeps the funds for his or her own use is guilty of embezzlement. The difference between embezzling money and some of the other financial crimes is that the perpetrator actually received the funds properly. The unlawful activity occurs when it’s spent for purposes other than those for which it was designated. Always entrust your personal data and financial matters with someone you trust. TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts
- 6. ITEM #4 Wire Fraud: Acrime that takes place over interstate wires is known as wire fraud and it usually takes the form of telemarketing scams, phishing or email plots. It’s similar to other forms of fraud, but is distinguished because the transaction involves phone lines or some electronic communication. Avoid giving out any personal information over the phone or via email unless you’ve initiated the contact. TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts
- 7. THANK YOU FORREVIEWINGTHIS PRESENTATION PRESENTATIONBY: VERITI CONSULTING LLC 8111E. THOMASRD. #120SCOTTSDALE, ARIZONA 85251 TEL: (877)520-1280 • EMAIL: INFO@TRUTHBEHINDNUMBERS.COM WWW.TRUTHBEHINDNUMBERS.COM
- 8. EXPERTTEAM TRUTHBEHINDNUMBERS.COM CertifiedFinancialExperts Liz Monty, CPA/ABV, CFF,CFE, CVA, DABFA Managing Director John White, MBA, CPA/ABV, CFF, CFE, CBA, CrFA, ASA Managing Director
- 9. CONTACT VERITICONSULTING LLC CONNECTWITHEXPERIENCED FRAUD, FORENSIC&ECONOMICDAMAGES EXPERTS CALL:877-520-1280 EMAIL:INFO@TRUTHBEHINDNUMBERS.COM PRESENTATION BY: VERITI CONSULTING LLC 8111E. THOMASRD. #120SCOTTSDALE, ARIZONA 85251 TEL: (877)520-1280 • EMAIL: INFO@TRUTHBEHINDNUMBERS.COM WWW.TRUTHBEHINDNUMBERS.COM