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How to identify and protect yourself from online scams

How to identify and protect yourself from online scams | Financial Planning

As you know, protecting your assets and data is priority number one for our firm. But it’s also important that you know about threats you may encounter in other interactions online—from your personal email account to social media and dating apps. 

In each of these channels, you may run into scams specifically designed to steal your information or assets. To help you recognize and avoid such situations, we’re providing this guide, which explains what scams are and some telltale signs to help you recognize a number of prevalent ones. We also outline steps that you can take if you ever fall victim to a scam.

By reviewing this information, maintaining best practices, and exercising caution in your online activities, we can work together to keep you safe.

What is a scam?

A scam is a dishonest or fraudulent scheme. In a typical scam, victims are convinced to send money or provide personal information, believing it’s for a legitimate purpose or going to a trusted recipient. A scammer might also attempt to involve an individual as an intermediary, using them to launder funds stolen from another individual, business, or government agency.

Communications from scammers can originate from almost any source—including mail, email, social media, telephone, and text message—and are often made to appear as though they are from trustworthy parties.

Scams are on the rise, and no one is immune. People of all ages and levels of financial experience have been and continue to be affected. The first step in protecting yourself from falling victim is to be aware of the types of scams and the telltale signs that one may have targeted you.

Types of scams

  1. Romance/marriage/sweetheart
  2. Sweepstakes/lottery
  3. Government impersonator
  4. Tech or fraud support
  5. Real estate scam
  6. Business email compromise
  7. Investment scam

Learn more about the types of scams, please click here

 

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This commentary reflects the personal opinions, viewpoints and analyses of the Integrity Wealth Partners, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Integrity Wealth Partners, LLC or performance returns of any Integrity Wealth Partners, LLC client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data, or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Integrity Wealth Partners, LLC manages its clients' accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

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Published on:
05/29/2025

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