Episode 73: Securities Fraud

Listen

According to the United States Federal Trade Commission, Americans lost $10 billion to fraud in 2023 alone. In that same year, Americans were defrauded $4.6 billion via investment scams.


In this episode of Privacy Files, we talk to Val Harkless, a government contractor who assists with fraud and analysis for the Securities and Exchange Commission’s (SEC) Division of Enforcement. She works tirelessly to uncover a variety of crimes, including insider trading, pump and dumps, Ponzi schemes, unregistered soliciting entities, and cryptocurrency investment fraud.


Val provides insight into how she investigates potential fraud cases, including going back to her time working with the Federal Bureau of Investigation (FBI) and Office of Inspector General, U.S. Department of Health and Human Services.


In all, Val is an extremely seasoned fraud investigator who has seen more than her fair share of scams. It’s an enlightening discussion about the many dangers people face daily.


It’s also a reminder of why it’s important to stay vigilant when protecting your personal information and financial assets.


And if you’re wondering what Val does to unwind from the realities of a stressful job…she sings and plays guitar! You can check out her music here:


https://acaciagrace.com/home
https://open.spotify.com/artist/47iXlfc6a21sIgHWawJA0D


Links Referenced:
https://www.ftc.gov/news-events/news/press-releases/2024/02/nationwide-fraud-losses-top-10-billion-2023-ftc-steps-efforts-protect-public
https://www.linkedin.com/in/valehark/

Related Episodes

Episode 74: Crypto Scams

Episode 74: Crypto Scams

Cryptocurrency has made many people very wealthy. There are more than 88,000 millionaires who got rich through crypto investing. In fact, there are even 17 "crypto billionaires." But for every person who makes it big in the world of cryptocurrency, there are many...

Episode 72: Reusable Digital Identity

Episode 72: Reusable Digital Identity

In the United States, fraud and identity theft together result in tens of billions of dollars in losses annually. Contributing to this growing problem is the continued use of usernames and passwords stored in giant, centralized databases owned by large companies....