How Fraud Aware Are You? Take Our QUIZ!

How Fraud Aware Are You?

Most people are pretty aware of the latest scams. You might find it interesting to have your co-workers and family members take our short quiz to see how up-to-date they are on today’s latest scams.

1. You receive a check in the mail for $4,000 and a letter saying you won the lottery. You should:
1. Cash the check immediately and follow the letter’s instructions.
2. Call the Better Business Burea and report the unsolicited letter.
3. Call the company and if you feel they are telling the truth, follow their instructions to receive your lottery winnings.
4. Jump for joy and go on a spending splurge since you won the lottery.

2. A charity solicits you by phone and asks you for a donation. You should:
1. Hang up. It’s definitely a scam.
2. Give the charity at least a few bucks. They’re probably doing something good.
3. Check with the BBB to see if they meet all 20 standards for wise giving.
4. Give them a few bucks and pass out envelopes to your friends to do the same.

3. Which of the following are considered red flags when doing business with a company?
1. The company asks you to wire money.
2. The company asks you to pay upfront for their services.
3. The company asks for personal information that doesn’t seem pertinent to the transaction.
4. The company doesn’t reveal their physical address, license information, or other important contact information.
5. All of the above

4. Scammers primarily target:
1. The elderly
2. People with difficulty speaking English
3. People facing financial difficulties
4. Everybody
5. All of the above

5. Some of the current scams in today’s marketplace include (circle all that apply):
1. Loan Modification Scams
2. Fake Check Scams (Mystery Shopping/Lottery)
3. Phishing Scams
4. Auto Warranty Scams
5. Census Scams
6. Sound-alike Charity Scams
7. Social Networking Scams using Facebook, Craigslist, Twitter, Myspace
8. Acai Berry/free trial products

6. True or False? When you use a credit card to have money wired to a merchant to complete a transaction and that transaction is not satisfactory, you have recourse to get your money back from your credit card company.

Answers: 1: b; 2:c; 3: e; 4: e; 5: a-h; 6: f