Michael Mumford

FirstRule Financial is an independent risk consultancy and forensic accounting practice working with individuals, family businesses, non-profits and attorneys.

[Michael Mumford @FirstRule_Fin]

Could your #financial #adviser be cheating you? Most #investment #fraud victims don't know until it's too late. Check out my #Advisor #Assessment to see if you may be at risk. It's free and no personal information collected.
https://t.co/RQtGTOY23g

[Michael Mumford @FirstRule_Fin]

I wonder how much has been lost to these scams? Stories like these are far too common. | Victims of Venmo and Zelle scams in Kentuckiana learn expensive lessons https://t.co/H3UfVxa2jL

[Michael Mumford @FirstRule_Fin]

Another level of deception in new Zelle scam transferring thousands of dollars from bank accounts https://t.co/Bfdv2fzIcC

[Michael Mumford @FirstRule_Fin]

An all too common story - The two men were strangers in 2008 when Szybunka hired Mella as a part-time accountant and bookkeeper. Szybunka had no interest in financial management and gave Mella almost total control of that side of the business.  https://t.co/grlWFWZ2ho

[Michael Mumford @FirstRule_Fin]

I think all of us, other than those benefiting, would agree. Opinion | Why We Need to Address Scam Culture https://t.co/JSrhBf27lx

[Michael Mumford @FirstRule_Fin]

Can’t emphasize enough the risk these apps pose if you’re not aware. Bank of America gives refunds to some victims of growing Zelle scam https://t.co/rArKZ04zRC

[Michael Mumford @FirstRule_Fin]

Great advice. The earlier you start, the easier your financial life will be. This TikTok influencer wants to end the ‘silent’ pandemic of financial illiteracy https://t.co/OTmoLQAvMU

[Michael Mumford @FirstRule_Fin]

Obviously trusted way too much. Even in family businesses, risk assessments and appropriate controls are just good business practices. Former Alden Shoe Co. CFO charged in $30 million embezzlement scheme https://t.co/79ZntnOZBn

[Michael Mumford @FirstRule_Fin]

If you use Cash App, better read this. Cash App phishing kit deployed in the wild, courtesy of 16Shop https://t.co/Q99VPvdj4X

[Michael Mumford @FirstRule_Fin]

Everyone can join these NCPW events next week https://t.co/GFpjOMzjSd

[Michael Mumford @FirstRule_Fin]

Unfortunately many people want this so much they’ll ignore warning signs. How do you help people understand they’re being taken? - Scam artists lurking on dating apps and social media made away with a record haul in 2020 https://t.co/YyYGBvXnls

[Michael Mumford @FirstRule_Fin]

Investment scams are everywhere, warn your family and friends https://t.co/znaTorpnaV

[Michael Mumford @FirstRule_Fin]

It’s especially important in our current environment to be knowledgeable about frauds and scams, as the first step in protecting what you have. Read this article and keep it in mind. Ponzi schemes, other investment fraud on rise during pandemic, SEC says https://t.co/iiQdSCCLtV

[Michael Mumford @FirstRule_Fin]

Good reasons to have a review of your financial internal controls; and we can help. Employee Embezzlement Just Got a Whole Lot Easier Now that We're Working Remotely https://t.co/IB60kWyvhs

[Michael Mumford @FirstRule_Fin]

An 82 year old man starting to use wire transfers seems like a clue the bank could have seen. Why don’t banks do more to protect the elderly?Police: Sioux Falls man scammed out of $550,000 https://t.co/DugoxIdQKP

[Michael Mumford @FirstRule_Fin]

Another example of how easily your business can be victimized if you don’t have appropriate processes and controls. Former accountant at Chester County firm charged with theft https://t.co/zMBsnp0tKI

[Michael Mumford @FirstRule_Fin]

A reminder that chasing the highest returns can backfire. Beam promised higher interest rates. Now customers want their money back https://t.co/n7ceenpRaW

[Michael Mumford @FirstRule_Fin]

The most expensive dinner he ever had. How clients of a financial guru facing fraud complaint lost bets on the dead https://t.co/j78Eyt63Gm

[Michael Mumford @FirstRule_Fin]

This is why you should check your account activity every month - Former Morgan Stanley financial adviser charged with stealing $6 million from clients - CNN https://t.co/Xn3FiNv1sA

[Michael Mumford @FirstRule_Fin]

If you’re not concerned about the risk of being the victim of fraud, read this. https://t.co/HenbNNNuzC

[Michael Mumford @FirstRule_Fin]

If you have family members in some form of assisted living or conservatorship, this is a possibility.
https://t.co/O5OnFticV6