Ethnog

5 most common financial scams

Shannon Martensson Professor Klinkowstein

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


Selected Article:


Look out for!

Free lunch

Cold calls

E-mails from

abroad

You won the lottery!

Penny stocks


Men and elderly are the biggest targets

Financial fraud has risen to $50 billion/year

What are financial scams?

E-mails and phone calls promising money

Promising too good investments to be true


“People often fail to report financial fraud—either because they don’t know who to report it to or because they’re too embarrassed” FINRA

FINRA is the United States Financial Industry Regulatory Authority, Inc.

Ethnographic Research


The Hammer Lab

-Everyone was within the age range of 19-22.

-It was a highly calm and quiet setting.




-It is crowded and the noise level has raised.

-There are people from many different nationalities.

The Hammer Lab

Christina Kaschte

Have you ever been a victim of financial fraud?

“I have never personally, I like to believe I’m smarter than that!”


Edwin Samuels

Do you know anyone who has fallen victim to a financial scam over the internet?

“My uncle lost a few thousand dollars when falling victim to ‘junk email’ scams”


Diagonals


Arcs


Irregular Shapes


Grids


Monochromes


Neutrals


High Key


Low Key


Combination


Combination: Black and White


Ethnog

Economy & Finance

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