Beware of the ACATS Fraud!
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Scammers are everywhere, and yes, they can even slip into your brokerage accounts. Today, Tremell shares a personal story about discovering fraudulent charges on her bank account, which opens the door to a deeper conversation about how your personal information can be compromised. That leads to today’s focus: ACATS (Automated Customer Account Transfer Service) fraud. ACATS is a legitimate tool for investors, but scammers have figured out how to exploit it by creating fake accounts in your name and siphoning off real money. Tune in as Tremell breaks down exactly what happened and walks you through step‑by‑step ways to protect yourself.
Welcome to "The Cashflow Coach" with Tremell McKenzie! The podcast that proves why investing doesn't have to be difficult. Tune in weekly to unlock your full potential as an investor and make the most of your financial journey.
#MoneyCoach #WealthEnthusiast #CashflowCoach
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