Fraud Prevention Tips

Tips for preventing fraud

While cybercrime and fraud are serious threats, you can take practical steps to protect
your identity and assets. To reduce your exposure to fraud and reinforce your efforts,
Leisure Capital and Schwab have mechanisms in place to help safeguard your data and accounts.

You can also take steps to safeguard your information and assets by applying caution when sharing information and executing transactions. Following are some common cyber fraud tactics so you know what to watch for, as well as some basic steps to help keep fraud at bay, and recommended actions if you do suspect a breach.

If you have any questions, please contact us. We’re here to help in any way we can.

Download this guide as a PDF:


Ways to protect your information and assets
Safe practices for working with your Leisure Capital team

How we protect your accounts
Schwab leverages protocols and policies to help protect your financial assets. Below are actions you can take to reinforce these efforts:

To learn more, visit Schwab’s Client Learning Center (

Follow general best practices

Keep your technology up to date

Be cautious with public networks

Be strategic with your login credentials and passwords

Be sure you’re on a secure website

Beware of phishing

What to do if you suspect a breach or fraud



Two-step verification (aka multi-factor authentication)

A method of confirming your identity using a second step to verify who you are. For example, the first
step might be to enter your username and password, and the second step might be to enter a randomly
generated number sent to you via email, text, phone call, or token.


The fraudulent practice of sending emails or text messages appearing to be from reputable companies or
trusted individuals in an attempt to get individuals to reveal personal information such as passwords and
credit card numbers. Phishing attempts are usually urgent-sounding, legitimate looking emails or texts
designed to trick you into disclosing personal information or installing a virus on your device. These
scams can be sent as attachments or links that, when opened or clicked, may trigger malicious activity or
take you to fake sites that resemble the real business websites.

Password manager

An encrypted online or cloud-based program that generates, retrieves, and keeps track of random
passwords across countless accounts and also protects information such as passwords, PINs, credit card
numbers and their three-digit CVV codes, and answers to security questions.

Domain name

As it relates to an email address, this is the information that comes after the @ symbol—for example, in

Spam filter

A program that detects unsolicited and unwanted emails and prevents them from reaching your email
inbox. Usually these types of emails are instead sent to a spam folder.


Software that is intended to damage or disable computers and computer systems.

Learn more

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