Fraud

The Real ‘Catch Me If You Can' Con Artist Says Every Scam Involves One of These Red Flags

Check out this video to learn what to watch out for

Jeff Kravitz/FilmMagic, Inc

Americans lose billions of dollars to scams every year.

Frank Abagnale, a reformed con artist and author of "Scam Me If You Can," was famously portrayed by Leonardo DiCaprio in the 2002 movie "Catch Me If You Can." He now works as a private consultant, author and public speaker with the goal of preventing fraud.

Abagnale hasn't worked as a con man in over 40 years, but he says every scam, no matter how sophisticated, still boils down to the same old tricks.

Whether it involves a fast-talking con artist or a random message on social media, almost every scam will have at least one of two red flags.

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