GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
But sadly, women face a significantly higher risk of falling victim to financial theft scams compared to men.
This trust can sometimes lead to impatience in verifying offers or conducting due diligence.
Its essential to cultivate a mindset of vigilance and self-empowerment.
Abid Salahi, finance expert and co-founder ofFinlyWealth, agreed.
This stark disparity demands our attention and action.
This systemic exclusion has created a knowledge gap that persists today, he explained.
[Scammers] exploit emotional vulnerabilities and life transitions to gaintrust and accessto finances.
In other words, they tailor their tactics to exploit stereotypes about womens financial knowledge or decision-making processes.
This rigorous approach has significantly reduced the risk of fraud for our users.
More From GOBankingRates
Share This Article:
The Latest inMoney
