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.

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

Read the case below and identify the component of the fraud triangle that DID NOT result in the fraud. Was it the victim's attitudes or rationalisation? Did the perpetrators take advantage of an opportunity? Were the victims lured in by incentives or pressured? Scammers are pretending to be children in need of financial help as part of a new messaging scam targeting parents, authorities have warned.Key points:The scammers invent emergencies to encourage payment, such as needing a new phone or paying an urgent billDetectives have identified at least 25 victims of the scam this yearPolice say these sorts of scams are often under-reportedAt least 25 victims of the scam, which originated in Europe, have been detected in Victoria this year.The victims typically receive a WhatsApp or text message from an unknown number impersonating their child.According to police, messages often say something along the lines of "Hi mum, I've changed provider/lost/broken my phone – I'm temporarily using this number for now."The offenders eventually request money from the victim, usually using some kind of emergency as their justification for needing the funds.Most of the offenders are based overseas and are not known to the victims. Question is adapted from this news story - https://www.abc.net.au/news/2022-08-12/hi-mum-messaging-scam-targeting-parents/101326776 Links to an external site.- students do not need to read the story to answer the questionGroup of answer choicesIncentive or pressureFraudsters took advantage of all componentsAttitude or rationalisationOpportunity to commit fraud

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

The practice of intentionally deceiving or misleading a person or business that leads to financial gain is called?YOUR ANSWERYour Answerstealing.theft.a bad debt.fraud.

Jack is a Revolut customer who recently lost his job. He plans to emigrate to another country and needs money to fund his move. He applies for a personal loan with Revolut using the payslips from his old job and lying about still being employed. Once he gets the loan funds into his account, he withdraws it in cash and disappears from his home country never making a single loan payment. This is an example of which type of fraud? Choisissez la meilleure optionInsurance fraud Identity fraud Unsecure Personal Loan Application FraudFirst party fraud