Show:
F-Who Wants to Play Cards?
R- Can I See Your ID?
A- Let's go Fishing?
U-What's Fraud?
D-What are some Fraud types?
100

A Fraudster obtains a number of credit cards under false identification and runs up the balances within a short period of time, which is not paid. What type of fraud has occurred?

What is a bust out (credit cards)

100
It's a type of identity theft that involves fraud on existing financial accounts where the fraudster obtains an individual's personal information and changes the official mailing address. Once accomplished, the fraudster conducts transactions with the victim's knowledge.
What is Account Takeover?
100
Technology or social engineering is used to entice victims to supply personal information such as account numbers, login IDs, passwords, and other verifiable information that can then be exploited for fraudulent purposes, including identity theft. This can be performed through mass emails and spoofed websites.
What is Phishing?
100
This is a deliberate misrepresentation to gain another's money, assets or information. What am I ?
What is Fraud?
100
One of the oldest tricks in banking. A customer writes checks from one financial institution to another, however funds are non-existent and/or not available on the date of the deposit. What game is the customer playing or what type of fraud is this?
What is the floating game of check kiting?
200

The ability to detect where a members plastic may have been compromised when the institution is experiencing a high volume of fraudulent transactions or compromised alerts across multiple members. (i.e. Home Depost; Target stores)

What is identifying the Point of Sale?

200
The crime of obtaining the personal or financial information of another person for the sole purpose of assuming that person's name or identity in order to make transactions or purchases.
What is Identity Theft?
200
I went to the BMO website to perform some banking activities. The site looked like the legitimate site I use all the time, yet I discovered fraudulent transactions in my account and personal information has been breached. What happened?
What is Pharming?
200
I am part of a process, tool, device that works to protect others against identity theft and other external threats targeting companies?
What is Fraud Prevention?
200
The financial abuse of an elderly or dependent adult occurs when a person or entity either takes, appropriates, or retains real or personal property of an elderly or dependent adult for wrongful use or with intent to defraud or both?
What is Elderly Abuse?
300

An ATM/ABM is compromised with a card reader which can be disguised to look like a part of the machine. The card reader saves the users' card number and pin code, which is then replicated into a counterfeit copy for theft. What is this device?

What is a skimming device?

300
I am often a family member or close friend. I am able to either impersonate you or have system access to your financial records. What type of fraud am I performing?
What is Familiar Fraud?
300
I just received a text message on my cell phone. the message asked me to call a toll free number. When I called the person identified themselves as a BMO representative and asked me to supply my account number and password to verify who I was. What type of scam is this?
What is SMiShing?
300
I made some online purchases with my credit card. I changed my mind about the products or services I received. I had no intention of returning (satisfied or not). I request my money back via a chargeback. It's a nice fraud. What am I?
What is a Friendly Fraud?
300
What type of fraud have I performed if I frequently wire money quickly from one account to another, often to a foreign country, through a bank or credit union, Western Union, MoneyGram, or similar business.
What is a Wire Fraud?
400
I am a plastic card used to perform a transaction on the internet, via mail or telephone. But I'm not available. What type of transaction am I ?
What is Card-not-present transaction?
400
I usually do this activity before the garbage truck arrives. I often find lots of personal information. What am I doing?
What is Dumpster Diving?
400
I received an email from BMO. The message has the banks BMO logo, picture of the lion and it is from a branch manager I recently opened an account with. I probably should respond to ensure all of my accounts are opened properly. Before I respond I decide to call the bank directly. I am informed the bank did not send me an email. What type of fraud is this ?
What is Spoofing?
400
I received a letter in the mail that I am past due on some credit card bills, and overdrawn on some deposit accounts. I contacted the bank to inform them I never opened the accounts on the statements. They asked for my date of birth, it matched, my address, it matches, my social security number and it does not match. What type of fraud may have occurred during the account opening process?
What is Synthetic Fraud?
400
This scam involves someone offering me via an email or website to pay funds into a my account with the understanding that I must then transfer the funds overseas generally via Western Union or a wire transfer. In return, I am promised a commission. What type of fraud am I participating in?
What is Money Mule?
500
I used a plastic card the size of a business card with the permission of the owner to process a financial transaction. What type of fraud am I ?
What is Credit Card Fraud?
500
I pretend to be a legitimate buyer but I’m actually purchasing on behalf of another person. The real buyer is unable to make the purchase for himself due to a poor credit rating, so he asked me to purchase the goods for him and compensates me for the use of my good credit standing. Who am I?
What is a Straw Buyer?
500
This is a type of "confidence trick" used for the purpose of information gathering, fraud or gaining computer system access.
What is Social Engineering?
500
BMO is unable to obtain sufficient information to positively identify originator or beneficiaries of account or other banking activity. What type of company is this?
What is a Shell Company?
500
I am at the ATM/ABM machine and I noticed someone breathing down my back, perhaps looking at the keypad and screen. What just happened to me?
What is Shoulder Surfing?