Show:
Facts & Figures
Crime Types
Victims & Perpetrators
True or False
100
Approx. how many identities are stolen annually? (in millions) (Plus or Minus 2 Million for Correct Answer)
15 million.
100
Do not try to make your own money, because you would be ...
Counterfeiting Money.
100
Who can the perpetrators be?
Family members or Strangers or Predatory individuals
100
Most people are aware of financial crimes committed against them.
False.
200
In 2010 how many households were affected by financial crimes ? (Plus or Minus 1 million for Correct Answer)
9 million.
200
What is a form of stealing someone's identity in which someone pretends to be someone else by assuming that person's identity, typically in order to access resources or obtain credit and other benefits in that person's name ?
Identity Theft.
200
What are some of the conditions or factors of an older persons risk of being victimized? (Name one)
- Isolation - Loneliness - Recent losses - Physical or mental disabilities
200
Most common type of financial crime is embezzlement.
False. The most common type of financial crime is fraud (bank, insurance, securities, mortgage & many more).
300
How many deceased people have their identities stolen every year? (Plus or Minus 1 million for Correct Answer)
About 2.5 million. Studies conducted by ID Analytics have shown that identity thieves have been applying for credit cards under the names of the deceased, opening up clean credit lines, new cell phone services, and in a staggering 1.6 million cases, using Social Security numbers previously belonging to dead people. This can be devastating for family members of the deceased who have been left to manage his or her estate.
300
If you do not pay Uncle Sam his bread, you are committing this financial crime. Bread = Money
Tax Evasion
300
Why do perpetrators prey on the elderly? (Name one reason.)
-Easy targets -May be wealthy -They may need medical procedures that are expensive which can be covered by the insurances of most senior citizens
300
Higher class citizens are at a higher risk of becoming a financial crime victim than other classes.
True.
400
What is average amount of money lost, individually, to identity theft? (Plus or Minus $1,000 for Correct Answer)
About $4,600.
400
This financial crime is an intentional deception made for personal gain or to damage another individual. This crime can happen in different forms.
Fraud
400
it is the illegal taking, misuse, or concealment of funds, property or assets of a vulnerable elder at risk for harm by another due to changes in physical functioning, mental functioning, or both.
Elder Financial Abuse.
400
The Office of Victim Services offers compensation for the loss or damage of essential personal property (up to $500, including $100 for cash)
True.
500
People in this age group are most likely to have their Social Security number stolen due to "friendly fraud"
Ages 25-34. Friendly fraud is basically fraud perpetrated by people known to the victim, such as a relative or roommate.
500
What is the act of dishonestly withholding assets for the purpose of conversion (theft), of such assets by one or more individuals to whom such assets have been entrusted, to be held and/or used for other purposes?
Embezzlement
500
What can a victim do about their financial losses? (Name one way)
-Report problems immediately -collect and save all documents & electronic transmissions that directly relate to your loss -Learn About Identity Protection Services
500
The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies to provide you with a free copy of your credit report, at your request, once every 6 months.
False. The 3 Nationwide Consumer Reporting Companies are Equifax, Experian, and TransUnion. CHECK YOUR SCORE !