If you clicked on and are reading this edition of TGIF 2 Minutes, give yourself credit for being smart! Awareness of the following is of paramount importance.
Fraudsters are targeting high-net-worth people and non-profit organization accounts.
A “fraud trend” (yes, there is such a thing) currently taking place is with bad actors using social engineering tactics to collect personal information and then using that information to open new credit card, investment, and bank accounts in a person or organization’s name. The fraudster then attempts to use these new, false accounts to take over high net worth people’s existing accounts and withdraw those accounts’ funds.
