1883: Fraud-Proof Your Money: The New Rules for Keeping Your Bank Accounts Safe

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 24 September 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you’ve been following along, you know that I recently experienced fraud in my own business checking account — a gut-wrenching ordeal where thousands of dollars disappeared overnight because someone got hold of my routing number. The bank caught it, but the disruption and stress were very real. And I’ll be honest: even as someone who spends her life thinking and talking about money, I almost missed the warning signs.

Which is why today’s conversation is so important. We’re heading into the fall and holiday season — peak time for identity theft and online scams. Fraudsters know we’re distracted, busy, spending more, and often less vigilant.

To help us all stay one step ahead, I’ve invited back Martha Underwood, founder of Prismm. Martha and her team are on the frontlines of protecting our financial identity and legacy. She’s here to share the latest scams to watch out for — from PayPal “micro-deposits,” to spoofed IRS texts, to sophisticated AI voice fraud — and, most importantly, the concrete steps we can take to guard our money, our families, and our peace of mind.

Charlotte Cowles on Losing $50k to a Scammer

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Transcript

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0:57.6	Quote podcast at the checkout. Tees and C's Apply.
1:02.3	So Money episode 1883, how to fraud proof your money, the new rules for keeping your bank accounts safe.
1:11.4	You're listening to So Money with award-winning money guru Farnoosh Torabi.
1:16.3	Each day, get a 30-minute dose of financial inspiration from the world's top business minds,
1:21.6	authors, influencers, and from Farnoose yourself.
1:25.6	Looking for ways to save on gas or double your double coupons?
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1:31.6	Seeking profound ways to live a richer, happier life.
1:34.9	Welcome to So Money.
1:38.1	People are being targeted through children, through your emails, through the breaches,
1:46.6	that you just need to be diligent.
	...

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