WorksheetsFinancial Frauds in Retail
Total questions: 10
Worksheet time: 10mins
What is a warning sign that someone is using your personal information? ( Choose three)
You find credit card charges you did not make.
Debt collectors are calling you about debts that are not yours
You get bills for medical expenses that you did not use
card transactions are taking longer than ususal
What is a reasonable way to protect yourself from identity theft? ( choose three)
Know the signs of phishing
Strengthen your passwords
Check your credit report often
Always pay cash. never use debit card or credit card
Getting sensitive information by disguising as a trustworthy source in an electronic communication?( choose one)
Investment scam
Banking scam
Pyramid schemes
Phishing scams
What can you do to protect your identity online?( Choose three)
Always use same password for every account
Be careful about personal information you are sharing online
Create a unique password with special characters
shop only at secure websites
What are the long term effects of identity theft? ( Choose two)
Inability to access your bank account
Poor credit score
Extremely time-consuming to fix the problem
You will lose your job
The drawer writes a legitimate check but the fraudster changes some part of check like payee ( choose one)
Closed account fraud
Altered check
Counterfeit check
Forgery
Fraudster steals blank check and then fills up the amount and imitates the drawers signature( choose one)
Forgery
Altered check
Counterfeit check
Closed account fraud
Fraudster gets a real account number and creates a fake check using the real account number ( choose one)
Forgery
Closed account fraud
counterfeit check
Altered check
Using another person's name or personal information without permission to make purchases or get loan is called impersonation? ( choose one)
True
False
If someone comes to your door step offering a great opportunity to invest in a new company . You should ... ( choose one)
You should listen to the Sales pitch because the person is legitimate
You should listen as a sign of courtesy, although you are not interested
Tell the person to leave, as you are not interested
Sign up for the investment and tell your friends also to join
