Masa Yamazaki, CPWA® CEPA® CDFA® 

In today’s digital age, scammers have become increasingly sophisticated, preying on unsuspecting individuals through phones and computers. Knowing how to identify and avoid these schemes is essential to protecting your personal information and finances.

 Scammers often pose as representatives from banks, tech companies, or government agencies. They might claim there’s an urgent issue that requires your immediate attention, such as unpaid taxes or a compromised account. Always verify such claims by contacting the organization directly through their official phone numbers or websites. Avoid sharing any information over the phone or online unless you are absolutely certain of the requester’s identity.

 Scammers often use high-pressure tactics to incite panic. They might ask you to pay in gift cards, cryptocurrency, or wire transfers—methods that are difficult to trace or reverse. Legitimate organizations rarely demand immediate payments or use these payment methods.

 Also, use strong, unique passwords for each account and enable two-factor authentication (2FA) whenever possible. This adds an extra layer of protection, requiring you to verify your identity through a second method, such as a text message or app notification.

 Phishing scams often come in the form of emails or texts containing malicious links. Hover over links before clicking to check their destination. If an email seems suspicious, do not click on any links or download attachments, even if it appears to come from someone you know. Also, ensure your phone and computer have the latest software updates and antivirus protection.

 If you suspect you’ve been targeted by a scam, report it immediately to your local authorities or the Federal Trade Commission (FTC). By staying vigilant and informed, you can reduce your risk of falling prey to phone and computer scams. Encourage your friends and family to adopt these practices to create a safer community for everyone.

Masa Yamazaki, CPWA® CEPA® CDFA® is a Principal at Oxler Private Wealth®, an independent, family-owned and operated wealth advisory firm in Rye Brook and Manhattan, offering financial care to women and families. For a complimentary, no-pressure conversation, please call (212) 785-2860 or visit www.oxlerpw.com. Oxler Private Wealth is an SEC-Registered Investment Adviser. Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Oxler Private Wealth does not provide tax or legal advice. The information presented is not a solicitation to buy or sell any securities or investment advisory services.