118 - How to Protect Yourself Against Fraud

DebtMatters Podcast

Fraudsters and scammers are getting more creative and innovative as technology evolves. They are operating increasingly elaborate schemes and are able to prey on anyone with a phone, email address or a credit card. It’s important to be aware of the different types of scams and to know how to spot them. When it comes to fraud, everyone is a potential target no matter how intelligent or tech-savvy you may be. Fraudsters will use every trick to convince you to send them money or your personal information.

Licensed Insolvency Trustee, David Macdonald, is also a certified fraud examiner. He has in depth knowledge of how fraudsters operate and how you can protect yourself from even the most well-laid traps.

In this podcast David also discusses:

• How Artificial Intelligence (AI) is making it easier for fraudsters to harvest person information
• What to do if you are a victim of fraud
• How to spot red flags
• Scare tactics to be aware of
• The importance of reporting the crime to the Canadian Anti Fraud Center

If you are struggling financially or have been a victim of fraud, consulting with a Licensed Insolvency Trustee can help you get back on track. They are licensed and regulated by the federal government of Canada.

About David Macdonald

David Macdonald has been helping people and small business owners resolve their financial problems since 2003 in British Columbia, Alberta and the Maritime provinces. He has been retained as a trusted advisor and service provider by many of Canada’s banks, private lenders, First Nations and the CRA.

David brings a practical, down-to-earth approach to his work, without judgement. In his spare time he volunteers his time to a number of charitable and non profit organizations.

Additional Resources

• Allan Marshall & Associates Licensed Insolvency Trustee
• Learn These 5 Tips to Protect Yourself from Financial Fraud
• How to Avoid Scams and Scammers