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WorksheetsOther Common Investment & Financial Scams – Reinforcement
Total questions: 15
Worksheet time: 8mins
What is the main goal of any financial scam?
To teach people about investing
To steal money or personal information
To help people make guaranteed profits
To recruit people into real investments
Which group is MOST likely targeted in an affinity scam?
People who buy used cars
People within a trusted community or group
Investors who only use apps
People who already lost money in scams
A warning sign of an affinity scam is:
Open public invitations
Clear investment documents
Pressure to “keep it within the group”
A slow decision process
Romance scammers often:
Meet in person immediately
Ask for money after building emotional trust
Refuse to continue online conversations
Give victims full access to their identity
A typical red flag in a romance scam is:
Long-term friendship
Requests for secrecy and fast emotional connection
Meeting family members
Sharing financial statements
Pump-and-dump scams depend heavily on:
Government-backed investments
Slow and steady financial growth
Hype and pressure to buy quickly
Donations from friends
In a pump-and-dump scam, the “dump” happens when:
New investors join the group
Scammers sell their shares at the inflated price
Prices begin to rise
Investors vote on next steps
Why do these scams continue to work?
Scammers always use advanced technology
Victims rarely report crimes
They target human emotions and trust
They offer legitimate ways to invest
Romance scams often involve dramatic excuses like medical emergencies or travel issues that require money.
True
False
In affinity scams, victims typically do NOT know or trust the person promoting the scam.
True
False
Pump-and-dump schemes usually target experienced investors only.
True
False
Scammers often avoid giving clear details about how an investment works.
True
False
What is a "pump-and-dump" scam?
A 'pump-and-dump' scam is a fraudulent scheme where the price of an asset (stocks/crypto) is artificially inflated to sell at a profit, leaving other investors with losses.
Which statement best explains why pump-and-dump schemes collapse after the scammer sells their shares?
The demand for the asset (stocks/crypto) collapses after the scammer sells their shares.
A person receives daily messages from someone they met online. After a few weeks, he/she say he/she feels “deep love,” but refuses video calls and asks the person to send money for a travel emergency.
Which red flag BEST indicates this is a romance scam? Select all that apply (two)
Asking for secrecy and money despite never meeting in person
