Financial Literacy #FundForLife

#FundForLife

by Madam Fatimah Zahrah

Poll

What is your feeling now?

• Delighted

• Thrilled

• Exhilarated

• Enthusiastic

Poll

What do you reckon the topic for today is related to?

• Financial Literacy

• Healthy Lifestyle

• Start a business

• Pitch a project

​Let's answer some of these questions first

Multiple Choice

A scam is when someone tries to trick you to get

• Money

• Your personal information

• Access to your computer

• All of the above can be what scammers are after

Multiple Choice

When someone uses your personal information to open credit accounts in your name, it's called

• Nigerian scam

• Identity theft

• Account theft

• Macau Scam

Multiple Choice

What could an identity thief NOT do with personal information like your Social Security number and date of birth?

• Open credit accounts in your name and damage your credit history

• Open bank accounts in your name, to use for fraudulent purposes like money laundering

• Make prank calls to your family and friends

• File fake tax returns to get fraudulent tax refunds

Multiple Select

What is an example of a scam for a gamer.

• Click Here for Another Game Related to This.

• Free V-Bucks! Click here to get 13500 V-Bucks for FREE !!!

• You Won! Click here to recover your 100$ gift card.

• Click Here to Get Admin Commands.

Poll

Do you have any experience or people you know experienced scams?

• Yes

• No

How to avoid scams?​

​Be alert to the fact that scams exist.

​When dealing with uninvited contacts from people or businesses, whether it's over the phone, by mail, email, in person or on a social networking site, always consider the possibility that the approach may be a scam. Remember, if it looks too good to be true, it probably is.

​Do not open suspicious texts, pop-up windows or click on links or attachments in emails – delete them:

​If unsure, verify the identity of the contact through an independent source such as a phone book or online search. Don't use the contact details provided in the message sent to you.

​Keep your mobile devices and computers secure.

​Always use password protection, don’t share access with others (including remotely), update security software and back up content. Protect your WiFi network with a password and avoid using public computers or WiFi hotspots to access online banking or provide personal information.

​Choose your passwords carefully.

​Choose passwords that would be difficult for others to guess and update them regularly. A strong password should include a mix of upper and lower case letters, numbers and symbols. Don’t use the same password for every account/profile, and don’t share your passwords with anyone.

​Review your privacy and security settings on social media.

​If you use social networking sites, such as Facebook, be careful who you connect with and learn how to use your privacy and security settings to ensure you stay safe.  If you recognise suspicious behaviour, clicked on spam or have been scammed online, take steps to secure your account and be sure to report it.

​Beware of any requests for your details or money.

​Never send money or give credit card details, online account details or copies of personal documents to anyone you don’t know or trust. Don't agree to transfer money or goods for someone else: money laundering is a criminal offence.

​Be careful when shopping online.

Beware of offers that seem too good to be true, and always use an online shopping service that you know and trust. Think twice before using virtual currencies (like Bitcoin) - they do not have the same protections as other transaction methods, which means you can’t get your money back once you send it.​

​Kamar: Hello?

Buyer: May I speak with Kamar, please?

Kamar: Yeah, who’s this?

Buyer: It’s Janel. I’d like to buy your sneakers online.

Kamar: Hi Janel, what can I help you with? And how did you get my number?

Buyer (sounding rushed): Well, I’m buying these shoes for a V-I-P entertainment client who needs to wear them at an event tomorrow night. Would you be able to ship the shoes overnight? I offered a lot more than your selling price. It’s a great deal for you, so I’m hoping that you can hurry things up.

Kamar: Yeah, no problem. I can ship them as soon as I receive payment.

Buyer: Yeah, I’ll send payment and you’ll get a confirmation email right now. We really need the shoes A-S-A-P for this event. Like I said, it’s a big-name entertainer who wants to wear them to a party tomorrow night.

Kamar: Okay, cool. I’ll request payment on the app in a bit.

Buyer: Great, looking forward to it.

Kamar: Okay, thanks.

(Buyer hangs up without saying good-bye)

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Is there anything unusual about the situation?

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Does anything worry you about the call?

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What questions might you have about the call?