With so many financial transactions conducted over the Internet these days, cyber-criminals have devised a new way to steal from unsuspecting investors. They are targeting financial advisors with false emails that trick the advisors into transferring client money into the criminals’ accounts. According to one expert, tapping into an email account is a “low tech” way to gain access to a financial advisor, estate lawyer or other advisors that handle investor money. Social media and search engines have made the process of finding potential victims easier as well.
Don’t forget you can visit MyAlerts to manage your alerts at any time.