Want to create an interactive transcript for this episode?
Podcast: The Clark Howard Podcast
Episode: 01.28.26 Bypass Finfluencers / Can You Spot A Scam?
Description: Many young adults recognize the value of early saving and investing long-term. But with 61% of this age group now trusting social media "finfluencers" for investing tips, itβs more important than ever to distinguish between sound financial advice and sales pitches pushing βget richβ ripoffs and worse - conflating gambling with real investing.Β Also today - Clark shares a recent story of a retired lawyer who lost $85,000 to scammers posing as Microsoft security, only to have his bank deny a refund. Con artists continue their rampant looting unabated, with ever increasing sophistication, and no one is immune. BUT, there are tel...