Avoiding Investment Scams: How to Spot Red Flags?

Did you know that billions are lost yearly to financial scams and investment fraud? This episode covers scam prevention and ways to protect yourself from senior scams, especially bitcoin scams and ponzi scheme schemes that target seniors. Learn how to prevent fraud and safeguard your investments.

In this episode, Ralph Estep Jr., financial coach and host of The Financially Confident Christian Podcast, breaks down why market cycles happen and how you can respond with wisdom instead of panic. With more than 30 years of experience, Ralph shares lessons from past crises, explains why selling at the bottom is the worst move, and shows how trusting God’s provision brings peace no market can shake. Discover practical steps and biblical truths that will keep you grounded through every financial storm.

Read today's blog article:
https://www.financiallyconfidentchristian.com/blog/avoiding-investment-scams/
https://financiallyconfidentchristian.com/investment-scams

Podcast Timestamps
00:02 $5.7 billion lost to scams in 2024
02:30 Client pressured with a guaranteed 20% return
04:15 How Ponzi schemes really work
06:00 Legitimate investments always involve risk
07:30 Scammers use fear, urgency, and intimidation
08:47 Biblical wisdom from Ephesians 5:15 and prayer for discernment
10:30 The big pause principle before investing
12:09 Conclusion and call to live wisely

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The Ask Ralph Media Podcast has been honored as the Best Christian Finance Podcast in the U.S. for 2025 by Best of Best Review. This prestigious award recognizes the show’s unwavering commitment to blending biblical wisdom with practical financial guidance, empowering listeners to make wise money decisions rooted in faith. Through its concise, impactful 10–12 minute episodes, the Ask Ralph Podcast has inspired and equipped audiences nationwide, standing out among countless voices in the finance and faith space.
https://bestofbestreview.com/awards/ask-ralph-media-inc-best-christian-finance-podcast-in-the-u-s-of-2025