62. How Elderly Scams Could Destroy Your Business and Family Wealth - with Jocelyn King

Hosts: Justin Shelley - https://www.phoenixitadvisors.com/  | Mario Zaki - https://www.mazteck.com/

Guest: Jocelyn King, "Queen of Online Safety" - https://www.smarteronlinesafety.com/ 

In this eye-opening episode, cybersecurity expert Jocelyn King shares her harrowing personal story of being targeted by cybercriminals for years, losing over $500,000, and how it led to her mission of protecting others online.

The conversation focuses on a critical but underserved area: protecting our elderly community from cyber scams. With over
40billionstolenfromAmericans60+lastyearalone,andaveragelossesexceeding40billionstolenfromAmericans60+lastyearalone,andaveragelossesexceeding60,000 per victim, this isn't just about protecting grandparents—it's about protecting your family's financial future.

Jocelyn shares practical strategies for safeguarding elderly family members, including setting up two-factor authentication alerts to your phone, establishing "stranger danger" protocols for the digital age, and creating emergency response plans. The hosts discuss real cases, including a devastating $300,000 retirement theft, and why traditional banking protections don't apply when victims willingly transfer money to scammers.

Key takeaways include actionable steps business owners can take today to protect elderly family members who could become unexpected financial burdens if targeted by sophisticated scammers.

Creators and Guests

Mario Zaki
Host
Mario Zaki
During my career, I have advised clients on effective – and cost-effective – approaches to developing infrastructure that fosters productivity and profitability. My work has provided me with a broad-based knowledge of business from the inside, with an expertise in areas that go beyond IT alone, ranging from strategic planning to cloud computing to workflow automation solutions.
62. How Elderly Scams Could Destroy Your Business and Family Wealth - with Jocelyn King
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