Modern Husbands Podcast

Fraud Protection - A Conversation with Kathy Stokes, Director of Fraud Prevention at AARP

Modern Husbands Season 8 Episode 1

Welcome to the Modern Husbands podcast, where any combination of Dr. Bruce Ross, Christian Sherrill, and Brian Page host national experts who share winning ideas to manage money and the home as a team.

Today we welcome Kathy Stokes, a nationally recognized leader in the consumer fraud arena. As Director of Fraud Prevention Programs with AARP, Kathy leads AARP’s social mission work to educate older adults on the risks that fraud represents to their financial security. Since 2019, she and her team have vastly expanded AARP’s leadership in this space, including the creation of a new victim support program, a multi-year campaign to end the use of gift cards in fraud, and the formation of a national effort to fundamentally transform how our country addresses consumer fraud. Kathy currently serves on the advisory council to the Board of the International Association of Financial Crimes Investigators and on the advisory council to the Senior Issues and Diminished Capacity Committee of the North American Securities Administrators Association.

For today’s topic, we will discuss modern fraud prevention strategies that are practical and can help keep your family safe.

Enjoy the show.

Show Notes

0:00:00 Introduction
0:01:30 How can husbands and fathers effectively communicate with their families about the risks of consumer fraud without causing unnecessary fear?
0:07:13 What are the common tactics fraudsters use that families should be aware of to protect themselves?
0:19:07 Are there specific financial security measures that folks should prioritize to safeguard their families from potential fraud?
0:22:45 How can families navigate the balance between convenience and security in their online financial transactions and interactions?
0:28:47 What resources or tools do you recommend for those who want to stay proactive in protecting their own parents who are likely elderly from the ever-evolving landscape of consumer fraud?
0:32:18 What is one piece of simple and actionable advice you want our listeners to walk away knowing from today’s episode?

Resources

AARP Fraud Watch Network
AARP Fraud Watch NetworkTM is a free resource for all. With AARP as your partner, you’ll learn how to proactively spot scams, get guidance from our fraud specialists if you’ve been targeted, and feel more secure knowing that we advocate at the federal, state, and local levels to protect consumers and enforce the law.
https://www.aarp.org/money/scams-fraud/about-fraud-watch-network/

AARP Fraud helpline: 877-908-3360

AARP: Get Tips to Avoid Scams & Fraud
Get tips to spot and avoid scams like identity theft, investment fraud and holiday scams, as well as ongoing updates from resources like Watchdog Alerts and a scam-tracking map that provides real-time alerts from law enforcement in your state.
https://www.aarp.org/membership/benefits/finance/fraud-watch-network/


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