Avoiding Financial Schemes & Fraud

Front

Which of the following is the fastest growing form of fraud in the United States? Ponzi schemes, Identity theft, Shoulder surfing, 4-1-9 frauds

Back

Identity theft

Front

Skimming is a type of

Back

Credit card fraud

Front

Which of the following accurately describes watermarks? Subtle designs on the fronts and backs of checks, Treatment of checks making "VOID" appear upon chemical application, Metallic stripes containing holograms, Small printing on the signature line of a check

Back

Subtle designs on the fronts and backs of checks

Front

What are fraudulent investment operations which involve paying abnormally high returns to investors out of the money paid by other investors?

Back

Ponzi schemes

Front

What is obtaining property or money which does not belong to you from any federally insured financial institution?

Back

Bank fraud

Front

Workers' compensation fraud is a type of

Back

Insurance fraud

Front

Credit repair scams promise which of the following? Lower interest rates on lines of credit, Refinance lines of credit to reduce minimum payments, Erase accurate negative information from your credit file, Erase false information from your credit line

Back

Erase accurate negative information from your credit file

Front

What prey(s) upon members of identifiable groups by using their affiliation with the group?

Back

Affinity fraud

Front

What is the act of making or producing an illegal copy of items so they look genuine?

Back

Forgery