Financial fraud in the United States

Fraud infographic

Click on the image above to view the entire infographic from SaveAndInvest.org.

According to SaveAndInvest.org, fraud costs Americans $50 billion annually. Protect yourself from fraud and identity theft by practicing these tips:

  • Never give out personal information over the phone. If you receive an unexpected call from someone claiming to be with a financial institution you work with, end the call without giving any information. Then, contact the institution using a phone number you have on file and report the suspicious call.
  • Never agree to buy or donate anything over the phone; ask for a written request.
  • Don’t be afraid to say no.
  • Do not wire money to anyone you don’t know.
  • Never open an email, link, or electronic document from someone you don’t know.
  • Shred documents with personal and/or sensitive information instead of just tossing them in the trash.
  • Remember: if it seems too good to be true, it probably is.

For more fraud stats, check out the full infographic from SaveAndInvest.org.

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