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Financial security involves more than having a retirement plan or a way to accumulate wealth. It also requires being vigilant to protect your finances so you don’t fall victim to fraud.

Sunday marked the start of National Consumer Protection Week (NCPW), an annual coordinated campaign that promotes resources available online from government agencies and consumer organizations to help people make smarter buying decisions and spot rip-offs.  Created 19 years ago by the Federal Trade Commission in conjunction with more than 100 agencies and organizations on the front lines of consumer protection, NCPW aims to bring consumer fraud protection to the forefront of everyone’s mind.

Many Americans assume victims of scams are usually from lower socioeconomic backgrounds, naive about finances or older and more vulnerable. According to a 2014 AARP study, however, many of those stereotypes aren’t true. No one is immune to scam artists, and anyone connected to the Internet should be aware of common high-risk activities.

The study, “Caught in the Scammer’s Net,” found nearly two-thirds of Americans who use the Internet received at least one online scam offer in 2013. Because they are familiar with investment products, financially literate and financially stressed people are usually more susceptible to investment fraud than those who would never purchase investment products to begin with. While older adults are more likely to lose a significant amount of money to fraud, younger adults – who are more active online – are actually more vulnerable to succumbing to fraud.

Lonely people are at a higher risk as well. According to AARP, 66 percent of victims having identified themselves as “often or sometimes feeling isolated.” Dating websites have become prime avenues for scammers to prey on vulnerable people. Hardship frequently lures con artists, with many scams aimed at those coping with legal issues or the aftermath of a natural disaster.

National Consumer Protection Week’s website,, lists organizations, government agencies, tools, tips and resources to help you and your family make more informed buying decisions and recognize, guard against and report scams and fraud. Protecting your personal and financial information is our top priority. If you would like more information about the safeguards we have in place to protect your finances, please contact our office. Call Jordan Dechtman, your Denver wealth manager at 303-741-9772, email him at or visit our website at to schedule an appointment.

Important Disclosure Information

Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Dechtman Wealth Management, LLC [“DWM”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from DWM. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. DWM is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the DWM’s current written disclosure Brochure discussing our advisory services and fees is available for review upon request or at

Please Note: DWM does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to DWM’s web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Please Remember: If you are a DWM client, please contact DWM, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services.  Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.

Please Also Remember to advise us if you have not been receiving account statements (at least quarterly) from the account custodian.

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