Understanding Scams and Fraud Prevention

The webinar covers scams, fraud, and identity theft, focusing on investment scams, age-related fraud impacts, and identity theft among minors. It includes interactive polls and discusses educational resources to empower students and their families against these threats.

What is the most common type of fraud committed on social media?

• Investment scams

• Romance scams

• Lottery scams

• Online shopping scams

Which age group reports losing money to fraud more frequently?

• Ages 50 to 59

• Ages 70 to 79

• Ages 20 to 29

• Ages 30 to 39

Which age group loses more money per scam?

• Ages 50 to 59

• Ages 30 to 39

• Ages 70 to 79

• Ages 20 to 29

What is the ratio of minors who have their identity stolen?

• 1 in 10

• 1 in 250

• 1 in 50

• 1 in 100

Why is it important to report scams?

• To help catch the scammers

• To get a refund

• To warn others

• To receive compensation

What should you do if someone asks you to buy gift cards to pay for something?

• Report the request as a scam

• Buy the gift cards immediately

• Ignore the request

• Ask for more details

What is a key component of the 'Don't Be Scammed' lesson?

• Types of scams

• How to invest in cryptocurrency

• How to make money quickly

• How to create a scam

What is the purpose of the scenarios in the 'Don't Be Scammed' lesson?

• To teach students how to scam others

• To help students identify scams

• To entertain students

• To show students how to make money

What is one of the resources mentioned for learning about fraud and identity theft?

• Federal Reserve Bank of St. Louis

• World Bank

• International Monetary Fund

• United Nations

What is a benefit of using smart chip credit cards?

• They are cheaper

• They offer better rewards

• They provide enhanced security

• They are easier to use