Early Warning®’s Post

Financial abuse take many forms. It’s a type of abuse that can start off small and is often hard to detect. Financial abuse can involve: - Someone taking or misusing someone else’s money or belongings for their own gain. - Intentionally harming, depriving, or placing someone at a disadvantage. - Controlling someone’s purchases or access to money. Financial abuse is often accompanied by other forms of abuse, such as stalking, or even sexual exploitation. Plus, it does not always involve a crime such as theft or fraud. It can be much more subtle than that. We've gathered a range of resources and useful contacts if you, or someone you know, is a victim of financial abuse. Find them here: https://lnkd.in/eF4_xiTU

The Sting was entertainment, but being scammed/conned/cheated is no fun... It can leave you feeling dispirited and doubting the intentions of others, even people close to you... It can dent your confidence...leaving you questioning your judgement about other choices you've made... It can have a massive impact on your finances, and the needs of your family and business... It can trigger deep anger...leaving you open to making impulsive decisions which are not in your best interests...or in the best interests of your family or business.. But what if...? What if you had the skills and awareness to recognize a scam before it happened...? What if you could identify the red flags...in the body language...the tone of voice...? How much stress and financial pain would that save you...? If that's important to you or someone you know and care about... Join me for my 3-week online course, Unmasking Deception, starting on Tuesday 7th November... I'll be sharing very practical skills to help ensure you avoid the pain of being scammed... Each session will be recorded for those who register...and I've kept the price low this time... Link to register is in the comments... #fraud #scams #bodylanguage #facereading #facialprofiling

Confidence/Romance scams encompass those designed to pull on an individual’s “heartstrings”. In 2023, the IC3 received reports from 6,740 individuals over the age of 60 who experienced almost $357 million in losses to Confidence/Romance scams. Sometimes, confidence/romance scams can evolve into sextortion if the individual has provided illicit pictures to the scammer. In 2023, complainants over the age of 60 reported 3,318 sextortion complaints with reported losses over $6 million. I've long felt compelled to write about financial fraud, given my training, education and personal connection via family about this heart-wrenching topic. Now half way done with my book: Fatal Funds. Check my blog at www.colleenbooks.com for interesting statistics on fraud. You can also sign up for my #free #newsletter, containing author interview, articles, recipes, quotes, and a few jokes. Multiple genre author.  

The long con A "long con" is a type of scam or confidence trick that involves gaining the trust of a victim over a long period of time in order to manipulate them into parting with their money or valuables. The term "long con" comes from the world of confidence tricksters and refers to a scam that takes a long time to set up and execute. Long cons often involve creating a complex and believable story or scenario in order to gain the victim's trust. This can involve creating fake identities, businesses, or investment opportunities. The scammer may also use psychological manipulation techniques, such as flattery, persuasion, or intimidation, to convince the victim to go along with the scam. Long cons can be very difficult to detect, as they often involve a high degree of planning and deception. They can also be very costly for the victim, as they may involve large sums of money or valuable assets. #longcon #scam #confidencetrick #fraud #deception #manipulation #psychologicalmanipulation #fakeidentities #investmentopportunities #money #valuables

6 ways to guarantee you lose money to a fraudster: 1. Invest based on FOMO and your friend's recommendation. 2. Only invest in industries you don't understand. 3. Rely on regulators to weed out bad actors. 4. Trust all positive media coverage. 5. Ignore unanswered questions. 6. Don't consult experts. --- A fool and his money are soon parted. Now you know how to be a fool. --- If you enjoyed that little inversion exercise, follow me for more insights on AVOIDING fraud.

In this video, I, Andrew Beasley, a Nashville lawyer, discuss the recent conviction of Sam Bankman Fried. I provide an overview of the charges against him, including wire fraud, conspiracy, securities fraud, commodities fraud, and money laundering. I also share statistics on federal conviction rates and sentencing guidelines for financial crimes. Experts have varying opinions on the length of his potential sentence, with some comparing his case to Bernie Madoff and Elizabeth Holmes. Watch this video to gain insights into the case and understand the potential consequences for Sam Bankman Fried.

The 6 pillars of abuse Let's unravel the manipulative tactics employed by an abusive partner to exert control and hinder your path to freedom. 1. Isolation: Abusers often isolate you from friends and family to narrow your perspective and make you more vulnerable to their influence. 2. Emotional Rollercoaster: Seamless transitions from affectionate to aggressive create a perpetual state of uncertainty, serving as a tool for dominance in the hands of an abusive partner. 3. Gaslighting: This subtle yet powerful manipulation technique involves making you question your sanity, intelligence, and capabilities. Gaslighting aims to destabilize your confidence and keep you under their control. 4. Financial Dependency: Abusers gain leverage by monitoring your spending and limiting your access to money, reinforcing control through financial dependency. 5. Threats and Intimidation: The use of threats, directed towards you or themselves, is a coercive tactic designed to instill fear and compliance in the abusive dynamic. 6. Fake Promises: Abusers may momentarily transform, making promises to change and projecting an image of a reformed partner, creating false hope and perpetuating the cycle of abuse. Breaking free from the grip of abuse is undoubtedly challenging, but your strength and resilience will guide you. Reach out to support networks, and remember that beyond the shadows, a brighter future awaits. 

On World Elder Abuse Awareness Day, I want to point out that older adults are often the target of financial crimes. You have to stay diligent, aware, and refrain from giving your personal information out as much as possible. Keeping your credit frozen at the three major credit bureaus can prevent scammers from accessing your credit if they were to obtain your personal information. Use password managers as much as possible for your computer and other devices. Always be skeptical if something sounds too good to be true.

Fraud can take on many forms. Financial fraud is the most common, but your personal information can also be misused by a fraudster for medical or legal woes. Stay safe by taking the 10 precautions we share on the Spend Life Wisely blog. https://bit.ly/3QxmLfk