Finance · FORTUNE
Fortune #27
Mixed — reflect carefully
A company name and polished pitch can sound convincing. Verify the seller and any required license with the regulator before sending money.
QUOTE CARD
A quote for you
“เวลาใดเหมาะที่สุดที่จะแก้ปัญหา? ทันทีที่คุณรู้ว่ามีปัญหา เพราะปัญหาแทบไม่เคยเล็กลงเอง”
— แมรี บาร์รา
ประธานและประธานเจ้าหน้าที่บริหาร General Motors
- Person
- Mary Barra
- Source work
- GM CEO Mary Barra on what she’s learned during 10 year at the top,17 October 2024
- Source text
- The other thing I always say to people is, when's the best time to solve a problem? And they kind of look at me perplexed," she says. "It's the minute you know you have one, because problems rarely get smaller
STORY & REFLECTION
A company name in chat is not a license
Guidance-based illustration · A company name in chat is not a license
Illustrative scene: A chat account uses a familiar financial firm's logo and sends an image of a license. The investor nearly transfers money to a personal account supplied in the message.
She leaves the chat link, checks the provider through SEC Check First, and contacts the firm through its official site to verify payment instructions. The receiving account does not match, so she stops.
Thailand's SEC Check First lets people search regulated providers and approved products. A name in an ad or chat does not verify the identity of the account receiving money; use official channels.
Identity checks must reach the payee, not end at a logo or image.
Reflection
Verification before transfer is easier than recovering lost money.
A small action today
Check the provider and license through the regulator’s official channel.
A question to reflect on
Have you verified the recipient through an independent source?