5 Biggest Financial Scams (And How To Avoid Them)

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As long as humans have had money, there have been those trying to trick us out of it. From the Ponzi Scheme to Pyramid Scheme, be sure to watch for these top Financial Frauds!

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Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson
Directors: Katie Graham & Andrew Matthews
Written by: Andrew Matthews & Philip Olson
Produced by: Katie Graham & Amanda Fox
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Music by: APM

Works Cited:

https://www.usa.gov/common-scams-frauds

https://www.bbb.org/phoenix/news-events/consumer-tips/2015/03/opportunity-or-scam-multi-level-marketing-vs.-pyramid-schemes/

https://money.howstuffworks.com/pyramid-scheme.htm

https://www.investopedia.com/terms/p/ponzischeme.asp

https://www.consumerreports.org/money/why-you-need-to-vet-your-financial-adviser/

http://money.cnn.com/2013/12/10/news/companies/bernard-madoff-ponzi/index.html

https://www.huntington.com/Privacy-Security/common-scams

https://www.paypal.com/us/webapps/mpp/security/common-scams

http://www.phishing.org/what-is-phishing

https://blog.barkly.com/phishing-statistics-2017

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