QUESTION OF THE DAY: Who loses money to fraud more often – people ages 20-29 or 70-79?

REFERENCE: What is a Scam?
VIDEO: Every Scam Has One of These Red Flags: Ex-Con Man Frank Abagnale
The earlier you can identify a scam, the more likely it is that you’ll be able to protect yourself and your information. Read through this reference to learn more about what a scam is. Then, watch the video to learn about two red flags you can look out for to spot a scam. Finally, answer the questions on your worksheet.

EDPUZZLE: 5 Biggest Financial Scams (And How To Avoid Them)
Being aware of different types of scams that exist can help you identify them and protect yourself. Watch this video to learn about five of the most common types of scams. Then follow your teacher’s directions to answer the questions on your worksheet.

ARTICLE: What To Do if You Were Scammed
While educating ourselves on the latest trends in scams is the best way to protect ourselves as consumers, we can still fall for them! Luckily, there are steps you can take if you are scammed. Review the different scenarios and suggestions in this article to learn what you can do if you fall victim to a specific type of scam. Then, answer the questions on your worksheet.

LEARNING TARGETS:

• I can define scams and fraud.
• I can identify red flags to look for in different types of scams and fraud.
• I can recommend what steps someone should take if they are scammed.