http://money.cnn.com/2013/09/12/pf/financial-scams/index.html

Ryan Maloney Professor Klinkowstein

Ryan Maloney Professor Klinkowstein

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Ryan Maloney Professor Klinkowstein

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Ryan Maloney Professor Klinkowstein

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Ryan Maloney Professor Klinkowstein

Ryan Maloney Professor Klinkowstein

Digital Money and You

•  Bank Accounts

•  Email

•  Credit Cards

•  E-Commerce

Ryan Maloney Professor Klinkowstein

•  Digital spending is Universal

•  Applicable to any type of purchase for any type of product

•  Replaces carrying around excess cash

•  More portable and readily accessible

Ryan Maloney Professor Klinkowstein

Hands in your pocket

•  Fraud and thievery are prevalent problems related to digital finances

•  One can lose their entire identity if they’re careless with their information

Ryan Maloney Professor Klinkowstein

The Risks of: Credit Cards •  Credit Card #: Access to

your money

•  If someone steals your card they can make purchases with your money.

•  People lose track of how they spend, leading to bad credit

Ryan Maloney Professor Klinkowstein

The Risks of: Bank Accounts

•  Sharing Account Information ( correct vs. incorrect people)

•  Keeping track of your debt account cards.

•  Also banks loan using your money.

Ryan Maloney Professor Klinkowstein

The Risks of: Email

•  Email asking for account information to collect prize money or buy product.

•  You won something you didn’t participate in

•  Advertising Penny Stocks

•  Offering free services but need personal info

Ryan Maloney Professor Klinkowstein

The Voice of : Logan •  How do you feel about

trusting your money to intermediaries like Pay Pal?”

•  “How do you protect yourself against possible fraud?”

•  “ What would you say characterizes a fraudulent sales pitch?”

•  “ I’m not as comfortable because I don’t like having to involve a middle man”

•  “ Creating multiple levels of information.”

•  “Asking easy security questions like date of birth as well as asking for personal information.”

Ryan Maloney Professor Klinkowstein

The Voice of : Kevin •  “Are you comfortable

making online purchases without physical money?”

•  “What concerns do you have using cards instead of cash?”

•  “ What would you say characterizes a fraudulent sales pitch?”

•  “No I prefer to handle cash. There are many risks involved online.”

•  “ Credit cards can lead people in to debt. Also they are sometimes not accepted in certain stores. They are linked to personal information.”

•  “ It’s too good to be true.”

Ryan Maloney Professor Klinkowstein

DIAGONALS

Ryan Maloney Professor Klinkowstein

GRIDS

Ryan Maloney Professor Klinkowstein

Ryan Maloney Professor Klinkowstein