Good morning. Today we're looking at three stories that all share one uncomfortable truth — the people and strategies you trust with your money may not be as reliable as you think.
On The Money Today:
1 in 4 Americans hit by tax scams — 5 traps to watch for this filing season
A Colorado food bank lost $28K in donations when its payment platform filed for bankruptcy
Wall Street legend Leon Cooperman says markets are 'too expensive' — and your 60/40 portfolio may not save you
Let's get into it.

Fraudsters love tax season — and this year they're using AI deepfakes and confusion around new Trump administration tax rules to trick filers. With tax refunds up 14%, the stakes have never been higher. Here are the 5 scams targeting Americans right now and how to make sure your refund ends up in your account.
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St. George Episcopal Mission in Leadville collected donations online to feed struggling families — then the platform handling their funds filed for bankruptcy with $28K of their money still inside. They weren't alone. Across the country, 3,200 nonprofits were left waiting on $29 million. Here's what happened and how to protect your money from a similar fate.

Leon Cooperman says markets are too expensive and not pricing in the risks ahead. With the Iran war stoking stagflation fears, both stocks and bonds could fall at the same time — leaving traditional portfolios exposed. Here's what savvy investors are doing differently right now.
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POLL
If you get a tax refund this year, what will you do with it?
That’s it for today. See you soon with another quick roundup of the financial news that matters.



