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Dealing With Trauma from Financial Fraud:

How to Move Forward

Financial fraud can be a devastating experience, leaving you feeling violated, hopeless, and even ashamed. But you’re not alone. Give an Hour works to create a community of individual, group, and community supports to improve the wellbeing of those who have experienced trauma as a result of financial fraud.

Financial Fraud Can Directly Impact Your Mental Health

Financial fraud isn’t just about losing money. In addition to immediate, and even long-term financial consequences, many people also experience emotional turmoil after financial crimes that can have negative effects on their mental health, physical health and personal relationships.

From Clinical Support to Peer Support, we’re here to help.

Peer Support Schedule:

Survivors – Tuesdays at 7 PM | Families & Allies – Thursdays at 8 PM

Connect to Clinical CounselingSurvivors & Loved Ones: Connect to Peer Support

2024 BBB Scam Tracker Risk Report

Investment scams, including those involving cryptocurrency, remained the riskiest scam type in 2024, according to a report from the Better Business Bureau. Romance/friendship scams climbed to No. 3 riskiest for the first time since BBB began publishing the report.

Both types of scams involve financial grooming, where the scammer builds a relationship with the victim before perpetrating the scam.

More than 80 percent of people who were targeted by investment/cryptocurrency scams, the No. 1 riskiest, reported losing money to BBB Scam Tracker. It also had the second-highest median dollar loss at $5,000. Investment scams take many forms, including pressure to purchase, trade, or store digital assets (cryptocurrency) with fraudulent exchanges.

The report includes insights about how scams are perpetrated, who is being targeted, which scams have the greatest impact, and behaviors and factors that may impact an individual’s susceptibility.

Join Our Exclusive Training Series for Mental Health Professionals

Join a groundbreaking initiative with Give an Hour and FINRA Foundation to provide mental health care to survivors of scams and financial exploitation. Be part of a specialized training series and mentorship track focused on building resilience and restoring dignity after victimization in this exclusive cadre today.

Training Dates in 2025:

June 2 | July 7 | August 4 | September 8 | October 6 | November 3

Cadre Meetings in 2025:

June 30 | July 28 | August 25 | September 29 | October 27 | November 24

Terminology

Types of Financial Fraud

Identity Theft, Investment Fraud (including Ponzi or Pump & Dump schemes), Mass Marketing Fraud, Romance Scams, and Pig Butchering

Definition

What is it?

Financial fraud happens when someone deprives you of your money, capital, or otherwise harms your financial health through deceptive, misleading, or other illegal practice.

Consequences

Negative Impact

Long-term financial consequences as well as negative effects on victim’s mental health, physical health and personal relationships.

What now?

Actionable Steps

Consider these steps to mitigate damage and future fraudulent activity.

Information

For You to Print

Sometimes it’s helpful to have information printed out so you can make an action plan.  

For Mental Health Professionals

For Survivors

For Allies

For the Aging Community

Other Helpful Resources

Report Fraud Here

Figuring out where to report fraud can be daunting.

Check out these reliable entities.

Give an Hour’s efforts for Financial Fraud Survivors and their Families is supported through funding from

  

Being a victim of financial fraud is devastating for both individuals and their loved ones. If you need crisis support, don’t wait—here are some reliable sources you can reach out to immediately.

Crisis Support