493 - How to Protect Your Money & Your Identity: Frank Abagnale Gives Simple Strategies to Outsmart Today's Rip-off Artist

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 1 October 2019

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

"Everyone in America has had their identity stolen already," Frank Abagnale said. He would know. He's a con artist. Well, used to be. He retired. But 50 years ago, Frank was one of the most wanted men in the U.S. And in 2002, Steven Spielberg made a movie about him called "Catch Me If You Can," starring Leonardo DiCaprio. Now, Frank has a new life teaching people how to protect their identity. And avoid all kinds of scams (romance scams, go fund me scams, investing scams, etc.) And he wrote a book with all these tips called "Scam Me If You Can: Simple Strategies to Outsmart Today's Rip-off Artists". Also (special announcement for my listeners), I'm giving away my new book, "The Side Hustle Bible." It's a collection of 177 proven ways to make extra income. Listen to find out how to claim your free copy today. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This isn't your average business podcast and he's not your average host.
0:06.4	This is the James Altiger Show on the Choose Yourself Network.
0:11.4	Today on the James Altiger Show.
0:15.3	First of all, I remind people every day that everyone in America's had their identity
0:19.7	stolen already, including myself.
0:21.7	Because we know that statistically that over a billion identities have been stolen, there's
0:25.6	only 340 million people live in the country, including babies and children.
0:30.4	So you have to assume your identities are already stolen.
0:33.4	The question is, will they ever use yours or is yours something they want to use it or
0:38.0	are they going to use somebody before you?
0:40.6	When you hack into home depot and targeting your skill credit cards and debit card in
0:43.9	for me, you have to get rid of it immediately.
0:45.7	Because that's an extremely short shelf life.
0:48.6	But if I steal your name, your social security number and your date of birth, you can't
0:53.0	change your name.
0:54.3	You can't change your social security number.
0:56.0	You can't change your date of birth.
0:57.9	So the longer I hold it, the more valuable it becomes when I go to sell it.
1:02.4	There are always as a three or four year delay before that information comes to surface.
1:08.2	So all that is just open doors to hackers.
1:11.3	And if you look at any company from the largest corporation in America that that plumbing
1:15.6	shop up in Neurichel, there are weak soft spots in every company.
	...

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