10/21/2026
It’s the Season for the Fraudsters to be Fraudin!
Even in the Insurance and Investment industry.
So since I spill da tea , let me help yall in this area too.
#1- Most of the time if the offer sounds too good to be true, it likely is; ie someone telling you to “invest”$20,000 and they can help turn it into $40,000 in a month 🤦🏽♀️
#2- Just in case you’re wondering if the agent or broker is “legit,” contact your state’s Department of Insurance and Financial Services. Each state has one (the name is different in each state but still the same). Any investment or insurance agent/broker must be registered in the state where their customers live in order to conduct business within that state. 💯
#3- If your gut is telling you “Don’t do it!”, listen. It’s probably telling you right. Sometimes it’s just nerves when you’re learning something new, but sometimes you just need to run from the deal table. Or call the company the agent/broker has presented to you from the number on file with your State’s DIFI. If everything checks out, you can move a little less cautiously. 💌
And just know: ALMOST ALL REPUTABLE INSURANCE COMPANIES REQUIRE YOU TO USE A BANK ACCOUNT ROUTING AND ACCOUNT NUMBER FOR PREMIUM PAYMENTS- NO DEBIT CARDS! 💰
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