Seth Boffeli is a Senior Fraud Prevention Advisor for AARP and joins Access to democracy program host Bill Raker for an enlightening discussion on how scammers target and ensnare their victims. Then the victim is instructed to transfer money to the scammer using cryptocurrencies. Seth explains what cryptocurrencies are and how the money transfer transactions work.
Cryptocurrency transfers play a big role in investment and romance scams. Seth provides helpful hints how to recognize “red flags” that signal a scam is in the works. He goes further with steps the consumer can take to avoid becoming a scammer’s victim.
There are pointers on where to report a scam or a scam attempt, and where to get additional information about scams or get help if you or someone you know, is a victim.
