Post on 16-Dec-2015
Fraud and Identity Theft• Test Review
Who should you contact if you are a victim of identity theft?
The Fraud Division of the three credit bureaus to request a fraud
alert on your files
How often can you obtain a free copy of your credit report?
Once a year
What is setting up a false company only to ask people to
buy stock in it?
Long Firm Fraud
What is one of the best ways to protect yourself from identity
theft?
Shredding all papers with personal information
What are people called who attempt to swindle you into
illegal schemes?
Con Artist
If someone tells you about a great new company to invest in,
what should you do?
Do not show any interest in the company and ask them to leave
If you are required to pay to join a club and they ask you to get
others to join, what might this be an example of?
Ponzi Scheme
If you read an advertisement and decide to go to the store to
purchase this item to find out that this item is not available but a more expensive brand is, this is
an example of
Bait and Switch
Using a person’s name or personal information without
permission to make purchases or get loans
Identity Theft
Good/BadEnter your personal information
on a Web site so you can get more information before
deciding on an investment.
Bad
Good/BadTake the time to do careful
research before giving money or personal information.
Good
Good/BadAvoid letting emotions interfere
with financial decisions.
Good
Good/BadGet all information in writing
before giving money or personal information.
Good
A good password contains
A combination of letters and numbers
A legal term used when someone knowingly deceives you for their
own personal gain
Fraud
Good/BadDelete all e-mails asking for
personal information without responding to them.
Good
Good/BadGo along with a scheme so you get more information and then
report it to local law enforcement officials.
Bad
Good/BadIf you get a special offer in the mail, send cash so they cannot get your personal information
from a check or credit card.
Bad
Good/BadGive your best friends your
personal information—like your social security number and bank
account numbers—in case anything happens to you.
Bad
Who should report to immediately if you have become
a victim of identity theft?
Police