Aspen Institute continues its nation-leading work to prevent scams
The Aspen Institute is pleased to announce progress is being made in the US regarding fraud and scams. This follows on the heels this year of an Executive Order President Trump signed on March 6, 2026. The links below provide all the information necessary to indicate and understand positive movement is afoot in the US […]
Another major Canadian financial institution hit with a huge fine by US regulators
If Canada’s banks and/or investment firms are failing to take money laundering seriously enough, lessons from the US should get their attention. During fraud awareness month, the announcement below came out of the US Treasury Department. The $80 million US dollar fine was issued by the Financial Crimes Enforcement Network, a division of the Treasury […]
Paris, London, Hong Kong, Rome – is this where your money is being wired to?
As this LinkedIn post points out, fraud can be a well-orchestrated criminal gang event where there are different team participants working together to remove you from your money. Where is your money actually going once it leaves your account? Could a fake bank advisor be involved as part of a fraud network? Yes, as the […]
A scam victim can be revictimized
A famous British rock band called The Who had a high energy hit song back in the 70s called Won’t Get Fooled Again. At one point in the song, the lead singer Roger Daltrey yells out “Don’t Get Fooled Again”. This clarion call can certainly apply to innocent victims who have been duped by fraudsters. […]
Red Flags need to be followed to prevent fraud
It cannot be overstated that red flags are often apparent when victims are being deceived to go into their financial institution to make a transaction which does not fit their normal banking transaction behavior. To ignore it is not in keeping with anti-money laundering regulations and sends money into proceeds of crime. We need to […]
Clamping down on Scam Centres
Soon after the Global Fraud Summit in Vienna concluded in March where a commitment was reaffirmed with respect to the new Interpol Global Task Force on Scam Centres, Cambodia took legislative action to shut down scam centres operating in its country. These illegal operatives have global implications that are responsible for scamming many international victims […]
UK’s leading consumer organization responds to new fraud strategy
Which?, who has been featured on this financial vulnerability blog given its instrumental role in moving change and progress on far-reaching consumer initiatives such as mandatory reimbursement for APP fraud, weighs in on UK’s latest fraud strategy. They, like other well-meaning advocacy organizations, are seeking better outcomes for consumers. One success just motivates them to […]
Fraud is unforgiving and runs roughshod over victims
This Winnipeg Free Press story ran over the Easter weekend where the painting of eggs can symbolize new life and be a sign of renewal with spring on its way. On a more religious note, Easter also connotes renewal and hope. So how do you reconcile this time of year with the very sad story […]
Be on guard as you may become a target of a fraud
TransUnion president Juan Sebastion D’Achiardi covers the current problem of scams threats well here and provides some good warnings signs to avoid becoming a victim of one. With fraud on the rise, here’s how to spot the red flags CONTENT FROM: GLOBE CONTENT STUDIOPUBLISHED FEBRUARY 26, 2026 GETTY IMAGES Fraud has been a longtime reality […]
Banks know what to look out for to protect clients
Are they doing it? This article by CBC News is a case where the senior victim clearly believes the red flags that in her mind were readily apparent had to be something this bank should be able to detect and stop. She worries many seniors in particular are vulnerable not only to the fraudsters targeting […]