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Financial Fraud: what exactly is it and how to see it comingVideo

Account Id: 4394098893001

Player Id: bb60d070-b695-4c55-9162-a421ad370a53

Video ADA Text: Financial Fraud: what exactly is it and how to see it coming video

Transcript Browser Title: Video transcript: Financial Fraud: what exactly is it and how to see it coming video

Description: Financial fraud is more common than you think. Here are the steps you can take to protect yourself.

English

Video Id: 6256110602001

Audio Description Video Id: 6256108606001

Length (seconds): 138

Transcript: <h2>Note:</h2> <p>Legal disclosures appear.</p> <h2>On Screen:</h2> <p>Investment and Insurance Products:</p> <ul> <li>Not a Deposit</li> <li>Not FDIC Insured</li> <li>Not Insured by Any Federal Government Agency.</li> <li>No Bank Guarantee</li> <li>May Lose Value</li> </ul> <h2>Note:</h2> <p>Deep synth music plays.</p> <h2>On Screen:</h2> <p>J.P. Morgan Wealth Management logo.</p> <h2>On Screen:</h2> <p>Financial Fraud – What exactly is it and how to see it coming.</p> <h2>On Screen:</h2> <p>A woman with straight dark hair and brown eyes, Lisa Carbone, speaks from a spacious office building.</p> <h2>On Screen:</h2> <p>Lisa Carbone, Managing Director, J.P. Morgan Wealth Management.</p> <h2>Lisa:</h2> <p>Most individuals think that this will never happen to them. But, it happens more often than you think.</p> <h2>On Screen:</h2> <p>A Federal Trade Commission webpage appears, marked: &quot;February 4th 2021 – Imposter scams, online shopping are top fraud categories.&quot; The page displays information regarding consumer fraud.</p> <h2>Lisa:</h2> <p>Did you know that in 2020, the Federal Trade Commission received more than 2 million consumer fraud reports, amounting to a loss of more than $3 billion?</p> <h2>On Screen:</h2> <p>A woman with long brown hair and brown eyes, Amy Zeng, speaks from a large conference room.</p> <h2>On Screen:</h2> <p>Amy Zeng, Head of Fraud Awareness, J.P. Morgan Wealth Management.</p> <h2>Amy:</h2> <p>Yes, you heard that correctly: $3 billion. We want to help you understand how these scams work so that you don’t fall victim to one of the trickiest scams out there.</p> <h2>On Screen:</h2> <p>A montage shows business professionals using mobile devices and laptop computers. Then, a close-up of Lisa.</p> <h2>Lisa:</h2> <p>Fraud can take on many forms. A few would be: pop-ups indicating you have a computer virus and must click a link or call a certain phone number to have it removed; emails and texts warning of delinquent payments or imminent account closure; phone calls impersonating trusted organizations or about government benefits suspensions or legal actions against you. There are quite a few ways to help protect yourself from digital financial fraud.</p> <h2>Amy:</h2> <p>We’re going to break it down into three lines of defense.</p> <h2>On Screen:</h2> <p>Educate yourself.</p> <h2>Amy:</h2> <p>So first and foremost: familiarize yourself with the most common tactics employed by fraudsters. <strong>Remember, these are always evolving.</strong> So be sure to visit our webpage dedicated to fraud to stay up to date.</p> <h2>On Screen:</h2> <p>chase.com/privacy.</p> <h2>Amy:</h2> <p>Again, this can be your first and best line of defense.</p> <h2>On Screen:</h2> <p>The Don’ts.</p> <h2>Lisa:</h2> <p>Never allow anyone except a known, trusted technology professional to <strong>access your computer remotely</strong>. Never provide a <strong>one-time pass code</strong>. And do not call numbers provided in <strong>emails or pop-ups</strong> on an internet search.</p> <h2>On Screen:</h2> <p>Report quickly.</p> <h2>Lisa:</h2> <p>Your last line of defense is to act quickly as soon as you realize (or suspect) you’ve been the victim of financial fraud.</p> <h2>On Screen:</h2> <p><strong>The faster you do this, the better.</strong></p> <h2>Amy:</h2> <p>All in all, if something seems suspicious or something just doesn’t sit right, don’t immediately hand over your information.</p> <h2>Lisa:</h2> <p>Take a step back, call your bank, and assess the situation.</p> <h2>Amy:</h2> <p>Those extra few moments may save you from some major problems.</p> <h2>On Screen:</h2> <p>A montage shows business professionals phoning and contacting their banks online, regarding financial fraud.</p> <h2>Lisa:</h2> <p>So let’s get those 2 million consumer fraud reports down this year...</p> <h2>Lisa + Amy:</h2> <p>...together.</p> <h2>On Screen:</h2> <p>J.P. Morgan Wealth Management logo.</p> <h2>Note:</h2> <p>Legal disclosures appear.</p> <h2>On Screen:</h2> <p>J.P. Morgan Wealth Management is a business of J.P. Morgan Chase and Company, which offers investment products and services through<strong> J.P. Morgan Securities LLC </strong>(JPMS), a registered broker-dealer and investment advisor, member of FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase &amp; Co. Products not available in all states.</p> <p>Copyright {{copyrightCurrentYear}} JPMorgan Chase &amp; Co.</p>

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