Fraud-Free Finances | MoneyWi$e Wednesdays with Envision Credit Union

In this episode of Moneywise Wednesday, Andre Harris and Kelli Walter from Envision Credit Union discuss how to protect yourself from fraud and scams, sharing key strategies to recognize and prevent financial threats.

Episode Highlights:

• Common types of scams targeting individuals and businesses
• How to recognize red flags in emails, phone calls, and messages
• The importance of securing personal and banking information
• Steps to take if you suspect fraudulent activity
• Real-life examples of scams and how people fell victim
• How Envision Credit Union helps members stay protected
• Best practices for setting up fraud alerts and monitoring accounts

Key Takeaways:

1. Scammers use urgency and fear to manipulate victims—always verify before acting
2. Never share personal or banking details over the phone unless you initiated the call
3. Regularly monitor your bank accounts for any suspicious activity
4. Use strong, unique passwords and enable multi-factor authentication for online banking
5. Educate yourself and loved ones about common scam tactics to prevent financial loss

Resources Mentioned:

• Envision Credit Union’s fraud prevention resources: envisioncu.com/security
• Free credit monitoring services and fraud alerts
• Federal Trade Commission (FTC) guide on avoiding scams
• Local law enforcement contacts for reporting fraud

Next Episode:

Join us in March for "Retirement Readiness" to discuss smart strategies for planning a secure and stress-free retirement. Learn how to maximize savings, manage investments, and prepare for financial freedom.

Have questions or need financial guidance? Email us at [email protected] or find the Hoot podcast wherever you listen to podcasts.