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CFO Jimmy Patronis: Take Steps to Safeguard Your Finances from Fraud During Financial Wellness Month

1/7/2021

For Immediate Release: Thursday, January 7, 2021
Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842

CFO Jimmy Patronis: Take Steps to Safeguard Your Finances from Fraud During Financial Wellness Month

TALLAHASSEE, Fla.— In recognition of January as Financial Wellness Month, Chief Financial Officer (CFO) Jimmy Patronis is encouraging Floridians to know the warning signs of fraud and is sharing tips on how to prevent becoming the victim of a financial scam. 
 
CFO Jimmy Patronis said, “With people spending more time than ever in front of their computers due to COVID, cybercriminals have ample opportunities to target their next victim. While budgeting, savings, planning for retirement, and good credit management are important tools to keep your finances in order, a critical part of any financial plan is fraud prevention.  Knowing what to look for and how to spot fraud before it happens can help ensure your family’s financial security. If you suspect that you are a victim of fraud, report it immediately at FraudFreeFlorida.com."
 
Four Tips to Protect Yourself from Scams in 2021
 
1. Keep an eye on your account balances. Routinely check your credit, checking and savings accounts for unauthorized charges or deposits. Immediately report any suspicious activity.

2. Purchase items with a credit card instead of cash or debit. Credit cards offer consumer protection if there are issues with a purchase.

3. If it sounds too good to be true, then it probably is. Be wary of unfamiliar merchants and or items at prices well below those of other shops.

4. Be social media smart. Posting too much can make the perfect target for scammers – review your social media privacy settings to limit what you share publicly.

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About CFO Jimmy Patronis 
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).