Alexis Coran at HUM London 2022

Scam Proof Your Life

At the Humans Under Management London 2022 event, Alexis Coran presented on the critical issue of scams affecting individuals and businesses today. As a seasoned performer and writer of the Real Hustle, Coran brings invaluable insights into the world of fraud.

The talk addresses the alarming rise in scams, particularly in the digital age, and explores why even the most educated individuals can fall victim. Financial advisers must understand these dynamics to better protect themselves and their clients.

Key Points:

- Misdirection: Scammers often distract victims, making them overlook warning signs. Advisers should be aware of this tactic to help clients remain vigilant.

- Time Pressure: Scammers frequently create urgency to compel immediate action. Advisers can educate clients to slow down and verify information before acting.

- Social Compliance: Many fall for scams due to the influence of perceived authority. Advisers can emphasise the importance of questioning and verifying sources, regardless of appearances.

- Opportunity: Advisers should highlight the dangers of "too good to be true" offers and educate clients on recognising red flags.

Watching this video will equip financial advisers with essential strategies to identify and mitigate scams, enhancing both their practice and client relationships.

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