Types Of Fraudulent Scams That Lead To Financial Losses
Types Of Fraudulent Scams That Lead To Financial Losses
What to do about scams?
100
a material misrepresentation with intent to take advantage of another party
What is Fraud
100
Not comparing job offers carefully in light of expected expenses
What is Failure to plan
100
expecting you to pay up front in order to receive full information about a product or service.
What is Vague Offers
100
on the condition that you purchase software;
once paid for, nothing arrives
What is Earn-money-at-home offers
100
Call or visit the website of the National Fraud Information Center of the National Consumers League
What is What to do about scams
200
The result of consumers behaviors that lead to financial problems
What is Threats (within)
200
Making personal information available that can lead to identity theft
What is Failure to Protect
200
Prizes awarded by chance after purchase of ticket; very small chance of winning
What is Lotteries
200
stealing one’s personal information in order to commit theft or fraud
What is Identity theft
200
Who can you contact to report a scam
What is Better Business Bureau
300
the result of decitful, sometimes even fraudulent, scams and schemes designed to manipulate or trick consumers in ways that lead to financial loss.
What is Threats (without)
300
Not reading the fine print in sales agreements, product labels, contracts
What is Failure to be Informed
300
you pay a bid amount but never recevie the item
What is Winning bid in auctions
300
states that you have won a valuable prize, but need to pay a processing fee to claim the prize
What is Sweepstakes letter
300
The ... works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop, and avoid them.
What is FTC
400
------- to personal and family financial security come from within the consumer and without (outside)
What is Threats
400
Not asking sufficient appropriate questions to inform financial decisions
What is Failue to Communicate
400
Started in Nigeria and know under three names
What is 419,
Nigerian Scam,
Advance Fee Fraud
400
sellers not willing to state their physical addresses, only POBoxes or Internet sites
What is Concealing information
400
What can you do to make the scam public to the people
What is Contact the local media to get attention to the topic