Description

Think you can spot a scam? Think again. In this episode of MakingCents, host Thomas Racca is joined by Chip Kohlweiler, Navy Federal's SVP of Fraud and Global Security and a Navy Federal employee who shares his first-hand experience with a convincing jury duty scam. Together, they explore how authority impersonation scams, phone scams and Bitcoin ATM scams use fear and urgency to manipulate victims. Plus, get practical steps you can take to protect yourself and your money.

Chapters

• A Real-Life Authority Impersonation Scam (3:20)
• Why These Scams Are So Effective (11:59)
• Red Flags and Fraud Prevention Tips (25:08)
• What to Do If You're Targeted (33:45)

Resources

• Protect Yourself From Fraud and Scams: Learn how to recognize common scams and keep your accounts secure.
• Contact Navy Federal: If you think you may have been targeted by a scam or notice suspicious activity on your account, contact Navy Federal immediately.