Financial Fraud: Savvy Investors Aren't Immune

November 16, 2023
Financial fraudsters are getting smarter, and their tools, like AI, are getting better. So how do you identify a scam and protect yourself from becoming a fraud statistic?
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After you listen

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In today’s globally interconnected financial world, fraud and scams are all too common, and anyone can become a victim. On this episode of WashingtonWise, host Mike Townsend talks with DJ Johnson, head of Financial Crimes Risk Management at Charles Schwab, about the ever-evolving fraud landscape and how you can protect yourself. They discuss the scope of the problem, the most frequently used ploys, and how fraudsters are using the latest technology, including artificial intelligence, to dupe even savvy investors. They also talk about what Schwab does to protect its clients from fraud and offer practical steps every investor should take to protect themselves and their finances.

Mike also reports on the latest efforts to avert a government shutdown in Washington, offers an update on the state of the 2024 election one year out, and provides his perspective on this week’s meeting between President Biden and President Xi Jinping of China.

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