consumer fruad
pyramid schemes
losses
Protection
other frauds
100
Skimming: device placed over a card reader to steal card information.
and
Cloning: stolen card information, use it to create fake cards.
are examples of what fraud?
What is Credit card Fraud?
100
What is a pyramid scheme?
100
What are the two types of losses one can experience with fraud?
What is personal and financial loss?
100
True or False
you should trust and email asking for your information because the person sending it is - your.bank345@yahoo.com?
What is False?
100
Mail/Wire, Securities, Debt Collection, Cheque, credit card, mortgage are all examples of what fraud?
What is consumer fraud types?
200
When the US Postal service is used to send deceiving, faulty mail is and example is what fraud?
What is Mail/Wire Fraud?
200
When will a pyramid scheme collapse?
What is when recruitment slows down?
200
What is the loss of money, assets, or property, or the incurring of debt or financial obligations?
What is Financial harm?
200
True or False
"You want to avoid unknown text messages and phone callers."?
What is True?
200
This style of scam will most likely to try and get your credit card information. "You’re package was lost in transit Click the link below to claim It” is an example of what fraud?
What is phishing?
300
What are some examples of Cheque fraud?
What is
Counterfeit Cheques, Forged Cheques, Altered Cheques, or Cheque Kiting?
300
Why is a pyramid scheme called a pyramid?
What is "The scheme is called a "pyramid" because at each level, the number of investors increases."?
300
What is situations where individuals or organizations are intentionally deceived or misled, resulting in financial harm or personal damage, often through illegal or unethical means?
What is Fraudulent financial and personal loss?
300
checking emails that may be suspicious or from accounts you do not recognize and avoiding sketchy websites or apps that may ask for your information as they may put it into a database for scam email are examples of what?
What is consumers protecting themselves from fraud/scams?
300
What are some examples of Forgery?
What is Falsifying cheques, altering legal documents, forging signatures, or creating counterfeit documents?
400
These are examples of what fraud?
Straw Buyers: Using someone else's identity or a "straw buyer" to obtain a what?
Occupancy Fraud: Misrepresenting the intended use of the property (e.g., claiming it's a primary residence when it's an investment property).
What is Mortgage Fraud?
400
What do pyramid schemes rely on to keep running?
What is "The scheme relies on a constant gain of new members to keep it running"?
400
What is the definition of Personal harm?
What is damage to reputation, privacy, identity, or emotional well-being?
400
Impersonating legitimate entities, creating a sense of urgency, exploiting emotions, and demanding specific payment methods, to trick consumers into parting with money or personal information are all examples of what?
What are, tactics scammers use to fraud consumers?
400
Unexpected bills or statements, unrecognized credit card charges, denial of credit applications, and calls from debt collectors for debts you don't recognize are hints your a victim to what fraud?
What is Identity theft?
500
Ponzi Schemes, identity theft, and pyramid schemes are examples of what fraud?
What is Securities Fraud?
500
What is the definition of pyramid scheme?
What is a fraudulent system of making money based on recruiting an ever-increasing number of "investors."?
500
What are scams that impact financial and personal loss?
What is Identity Theft, Financial Statement Fraud, Insurance Fraud, Investment Fraud, Healthcare Fraud, Cybercrime, or Impersonation Scams?
500
By putting your money in businesses that are FDIC insured and backed by the US Government insures what?
What is getting your money back in the event it is lost?
500
When an individual acquires Investments from different businesses or People in order to pay off previous investors is an example of what fraud?
What are ponzi schemes?