How to outsmart a scam: Strategies from a legendary con man

Frank W. Abagnale says scammers don't discriminate — here's what you can do to protect yourself.

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  • In today's world, anyone can be targeted by scams -- even famous con man Frank W. Abagnale. For this reason he shares his top advice for protecting yourself against fraud.
  • When receiving a suspicious call, be aware of the two major red flags of immediacy and info-sharing. Is the person asking for money, and they need it right now? Does the person want sensitive personal information like a social security number or date of birth? If the answer to either of those questions is yes, it's probably a scam.
  • Scammers obtain much of their info from a victim's social media accounts. Caution is key for prevention, and education is the most powerful tool in outsmarting this type of crime.
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