Is "AMERICAN FUNDS INVESTMENT 000000088571666 WEB ID: " fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "AMERICAN FUNDS INVESTMENT 000000088571666 WEB ID: "?

Capital Group, founded in 1931, is a financial services company that has been in operation for over 90 years. Capital Group provides a range of investment management services and products, including mutual funds, private equity, and other related investment vehicles. The company is known for its long-term investment approach and serves individual investors, financial intermediaries, and institutional clients. Through its subsidiary American Funds, Capital Group offers various mutual funds that invest in equities, fixed income, and a combination of both.

  • **AMERICAN FUNDS INVESTMENT**: Name of the company or entity involved in the transaction.
  • **000000088571666**: Unique reference or account number associated with the transaction.
  • **WEB ID: 1956817943**
  • Verify if this transaction is fraud in 30 seconds

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

    STEP 1

    Connect your Email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

    STEP 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

    STEP 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.

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