The Real Cost of Trust : A Real-Life Fraud Story | Ransomware Rewind Podcast | David Fradin | EP 8
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The Real Cost of Trust : A Real-Life Fraud Story | Ransomware Rewind Podcast | David Fradin | EP 8
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Surviving & Preventing Online Scams: Insights from a Victim of a $1.7M Fraud
Surviving & Preventing Online Scams: Insights from a Victim of a $1.7M Fraud David Fradin tells his harrowing story of a how he lost $1.7 million to a sophisticated online pig butchering scam.
Learn key insights and practical tips to protect yourself from similar scams. Discover the complex tactics scammers use to build trust and exploit victims, and explore actionable solutions to help prevent these crimes.
Tune in to become more aware and better equipped to safeguard your finances and personal information
00:00 Introduction and Crypto Scam Experience
00:32 Guest Introduction and Mission
01:09 Keys to Product Success
02:06 Podcast and Professional Background
03:21 Detailed Scam Story
08:18 Scam Aftermath and Financial Impact
10:31 Government and Law Enforcement Involvement
13:02 Global Scam Operations and Solutions
14:00 Social Media's Role in Scams
22:25 WhatsApp and Social Media Accountability
24:08 Apple's Values and Final Thoughts
25:05 From Political Campaigns to Product Management
25:34 The Staggering Impact of Pig Butchering Scams
25:50 Victim Blaming and Stigma
26:23 Creative Solutions to Combat Scams
26:42 Recognizing Scam Tactics
29:19 The Role of AI in Scams
32:09 Crypto and Financial Fraud
34:16 Charity and GoFundMe Scams
35:04 Bike Theft and Recovery
40:11 Final Thoughts and Advice
Social Media: Connect to Joe, Mike, and David on social media platforms like LinkedIn, TikTok, and Instagram
Co-Host: Joe Erle, Cyber Group Practice Leader at C3 Insurance
X/ joeerle
Insta/ itscyberjoe
Tiktok/ itscyberjoe
Meta/ joeerle
LinkedIn/ https://www.linkedin.com/in/joeerle/
Questions about cyber insurance?
Email joe@c3insurance.com
Get the PDF - 14 Steps to Protect your Company's Data
Co-Host Mike Dowdy, Cloud Solutions Consultant at RapidScale
LinkedIn/ https://www.linkedin.com/in/mikedowdy/
Questions about cloud security?
Email mike.dowdy@rapidscale.net
www.rapidscale.net
Special Guest David Fradin
Operation Shamrock (helps people who've been victims of internet fraud and pig butchering): https://operationshamrock.org/
David's LinkedIn: https://www.linkedin.com/in/davidfradin
David's Consulting Company: www.spicecatalyst.com
David's Book - Letters from my Hymie: https://a.co/d/4GnKUOW
Don't forget to subscribe. Check out our other episodes & thank you for listening.