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My Forsyth Magazine Nov/Dec 2020

It's beginning to look a lot like... it's time to take a break and read the stories in the latest issue of your community magazine! Meet the men behind Your Pie Pizza in Cumming, Home Grown and Proud. Young writers and entrepreneurs share their passion and thoughts on life, work, and helping others. Our terrific group of writers has once again shared their very best, with stories that we hope will give you a break from the hustle and bustle that we seem to find ourselves in lately. From all of us to all of you, Stay well! “What lies behind us and what lies before us are tiny matters compared to what lies within us.” – Ralph Waldo Emerson

It's beginning to look a lot like... it's time to take a break and read the stories in the latest issue of your community magazine! Meet the men behind Your Pie Pizza in Cumming, Home Grown and Proud. Young writers and entrepreneurs share their passion and thoughts on life, work, and helping others. Our terrific group of writers has once again shared their very best, with stories that we hope will give you a break from the hustle and bustle that we seem to find ourselves in lately. From all of us to all of you, Stay well!

“What lies behind us and what lies before us are tiny matters compared to what lies within us.”
– Ralph Waldo Emerson

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FINANCIAL SCAMS<br />

HOW SCAMS FOOL SMART PEOPLE<br />

AND HOW TO AVOID BEING TAKEN<br />

By Kurt Arseneau, Investment Advisor Representative, Registered Financial Consultant<br />

I love to watch movies, just ask my wife! It really does not matter much what movie it may be. I just enjoy the 2-hour escape from<br />

everything else. One of my favorite characters in a movie is P.T. Barnum, The Greatest Showman played by Hugh Jackman. If<br />

you have not seen it, please do; the cinematography, choreography, and music are worth your time.<br />

One of the quotes that stuck out to me when writing this article was when P.T. Barnum said, “There’s a sucker born every<br />

minute.” The reality is that P.T. was a little off.<br />

There were at least six people suckered out of money every minute in 2019. It can be easy to think that the suckers are just<br />

really naïve folks. But the truth is anyone can get conned, even the smartest people. Take Warren Buffett in 2019, for example.<br />

His company, Berkshire Hathaway, was allegedly taken for $340 million in an investment scam.<br />

With the holiday season approaching it may be a good time to watch out for the various scams out there. The latest ploy of phone<br />

scammers is asking the question “Can you hear me?” They are trying to get recordings of people saying “yes” and use them to<br />

authorize fraudulent charges on people’s accounts. It is just one of many different phone scams that raked in at least $493 million<br />

in 2019. In fact, even though we are living in the age of the Internet, three out of four money scams happen over the phone. The<br />

average take for a successful phone scam is about $1,000. While you never know when the next call may be from a scammer, you<br />

can easily avoid getting taken if you know what to look for and if you know what to do whenever you suspect a scam.<br />

16 MYFORSYTHMAG.COM VOLUME X | ISSUE 32

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