Real Estate and Banking Frauds

The video tutorial discusses various types of frauds in real estate, banking, credit card, and ATM transactions. It explains real estate frauds like bogus listings, title fraud, and mortgage fraud, and offers tips to avoid them. The tutorial also covers banking frauds such as phishing and account takeovers, credit card frauds like identity theft and card skimming, and ATM frauds including shoulder surfing and card trapping. It emphasizes the importance of vigilance, secure transactions, and reporting suspicious activities to protect financial assets.

Which of the following is a type of real estate fraud where a property is sold to multiple buyers?

• Title fraud

• Bogus listing

• Unauthorized projects

• Multiple sales scam

What is a common method used by fraudsters to obtain sensitive banking information through emails?

• Phishing

• Card trapping

• Card skimming

• Shoulder surfing

How can you protect your bank account from unauthorized access?

• Use simple passwords

• Ignore suspicious emails

• Enable two-factor authentication

• Share your PIN with friends

Which of the following is a form of credit card fraud involving the use of devices to capture card data?

• Card skimming

• Account takeover

• Identity theft

• Online shopping scam

What should you do if you suspect your credit card has been stolen?

• Wait for the next statement

• Ignore it

• Report the theft immediately

• Continue using the card

What is a recommended practice to ensure safe online shopping?

• Ignore website security features

• Look for HTTPS in the URL

• Use unsecured payment methods

• Shop from any website

What is the term for observing someone entering their PIN at an ATM?

• Shoulder surfing

• Card trapping

• Phishing

• Card skimming