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It's my pleasure to welcome you to the Clark Power Show. Our mission is to serve

and empower you so you make better financial decisions in your life. In today's

episode, this is crazy. A quarter of Americans were victims of credit card

fraud last year. I'm going to tell you how to protect yourself. Also, are you

afraid robots are going to take over all the jobs? I'll talk about that later in

this episode. So, credit card fraud is something that the banks just look at as a

cost to doing business. But do you know a lot of times you and I don't indirectly

bear that cost? We bear it directly. So, a recent survey by credit card insider

found that one in four of us were a victim. And this is a massive increase over

time. How often are credit cards are compromised? And I want to I want you to think

about this. You cannot imagine how many times we will hear from someone who has

had an improper charge on a credit card that they didn't notice for months.

Because sometimes what will happen is a criminal instead of engaging in large

credit card fraud. We'll do relatively small transactions against you against your

card. They go unnoticed and they're getting services for free. Do you remember?

I don't know if you heard this, but last year when I had a credit card that was

compromised and the thief was using the card for charges routinely that were

less than $20. And they weren't doing any big ones. Well, I have an advantage.

And that is I look at my credit card statements line item by line item every

month. So, it was funny. I still remember calling the credit card company and

was right in the middle of the pandemic. And there were all these restaurants in

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