The Real Hidden Risk for Advisers: Identify Theft

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Advisers should be aware of a growing identity theft scams that targets advisers to get to their clients’ money. The scams use email to trick advisers into wiring cash out of their clients’ accounts preying on the fact that e-mail is the go-to means of communication to correspond with advisers and authorize transactions.

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Published In: Business Organization Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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