Ted Bauman Tells Investors Their Wealth could be at Risk with Scam Phone Calls

As an outside-the-box financial analyst, Ted Bauman is always looking for new trends investors should look at to protect their wealth from the many threats out there. He’s recommended many good stocks, bonds and real estate investments like his colleagues at Banyan Hill where he writes, but he’s also issued warnings about some of the latest cyber threats to wealth. Bauman recently wrote about a new threat of phone scammers, and how if you aren’t careful you could end up losing huge amounts of money.

What Ted Bauman said was that these cyber criminals were now starting to move away from targeting people through emails and now using phones to spam their victims. Some have used numbers disguised as the IRS and Social Security Administration, and victims have been scammed from information they’ve given over the phone. Some people have started using call blocking or suspicious number reporting services to try and mitigate the threat, but more should be done. Bauman says it’s the telephone companies who need to act and guard their lines with technology that can protect customers, and in his upcoming newsletters he will inform his readers on how to get the telecom industry to act.

How does Bauman know which resources investors should consider to protect their savings with? He’s traveled around the world and seen how different resources in different countries can be utilized to that end. Before he became focused on independent investing and finance as a newsletter writer, Ted Bauman worked primarily with governments and non-profit groups. He moved from the US to South Africa as a young man, completed his bachelor’s degree at Cape Town University and then began working with the government on housing programs. He helped start one program known as Slum Dwellers International which grew from South Africa into Asia and South America and still exists today helping many homeless people find housing.

Ted Bauman did a lot of traveling as a consultant and researcher for organizations led under the authority of the UN for about 10 years. From 2008 to 2013 he was an international director for Habitat for Humanity leading their international housing division. After that, Bauman retired and joined Banyan Hill, though he still looks abroad the US for opportunities such as real estate in the South Pacific, healthcare in Central America and precious metals elsewhere.

Ted Bauman’s LinkedIn Profile: https://www.linkedin.com/in/tedbauman