Fraud Prevention and Cybercrime Tactics – Part One with Boima Freeman
About this episode
Boima Freeman discusses the prevalence of fraud and offers insights on prevention tactics.
Fraud is no longer rare—it's happening everywhere. In 2024 alone, three out of ten people experienced attempted fraud, with one in ten falling victim. For Minnesotans age 60 and older, reported losses reached $52.2 million, with actual losses potentially much higher since many cases go unreported. In this recording, Boima Freeman, Senior Financial Fraud Investigator at the Minnesota Department of Commerce shares his experience with a presentation focused on: the impact of financial exploitation, trends and tactics, the MN Safe Senior Act, and his advice on what you can do to avoid becoming a victim of financial fraud. Sharon Calhoun, Managing Director and Suzy Klapperich, Chief Compliance Officer at Vector Wealth Management kick off this recorded live event and introduce Boima. Check out a second live recording from the event featuring Schwab’s Senior Technology Consultant Paul Ewing and Senior Wealth Advisor Mike Nesheim, along with Boima Freeman for a fireside chat and Q&A with the audience. Visit our blog for more. Scams have become increasingly sophisticated. Fraudsters impersonate trusted companies, government agencies, and even family members. They create urgency and…
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