Which of the following best describes a scam?A dishonest scheme or a fraudA suspicious transaction usually found onlinePeople pretending to be someone else to swindle others of moneyPhysical theft or a burglary

Unfortunately, there are unscrupulous people who prey on the generosity of others to scam money. What are the signs that might indicate fraud? Group of answer choicesrequests for cash or wire transferslack of detailed information about a charity and its use of fundsa name resembling a reputable organizationpressure to donate immediatelyAll of these are red flags.

Choose the most appropriate answer. An investment scam __________.Will usually seem suspicious and easy to spotOften seem like a legitimate business opportunityInvolves large amounts of money from an individualUsually targets companies rather than individuals

Which of the following is NOT a type of consumer fraud scam mentioned in the text?OPTION ACTIONRental Property Scam Stock Market Scam Relationship Scam Lottery Scam

The term fraud describes:A. Illegal and deceptive practices.B. Fabrication.C. Falsification.D. Plagiarism.E. None of the above.

What is the missing word? “An example of a more complex fraud is a ______________ or pyramid investment scheme where criminals typically offer victims a very high rate of return and then either take the payment and walk away or make payments that cease within a short period. The money they do pay out in this short period usually comes from later investors. These initial repayments to earlier investors give the impression that the scheme is successful.”Group of answer choicesGet-Rich-QuickPonziNone of the available answersFraud