Presentations text content in Carly and Scott are targets
Carly and Scott are targets
Lesson 6: Scams Targeting StudentsSlide2
Meet Scott and CarlyScott and Carly attend college. Because they are students, they are the likely targets of scams.Slide3
Why target students?Less financial experienceEager to get a good dealSlide4
Let’s explore some of the scams Scott and Carly experience while away at college.Slide5
Scott spots the fake check scamScammer sent Scott a realistic check that turned out to be fake
Scott also found out to never wire transfer money to a stranger
He learned to be leery of checks written for a high amount with the sender requesting money be sent backSlide6
Scammer promised Carly she could make thousands of dollars by working or running a business.Carly paid a lot of money to get materials and training for the “job.” In the end, Carly had spent a lot of money and did not earn the money back.
Carly falls for a job opportunity scamSlide7
Video: From the Federal Trade Commission
Along with many classmates, Scott and Carly entered an online contest. A week later, they received notices they had “won”They completed a form which required personal information, including their Social Security numbers
Instead of delivering a prize, scammers used personal info to commit identity theft
Scott and Carly fall for a personal information ploySlide9
Scammer asked Scott for advance fees in exchange for a phony scholarship Most legitimate services won’t charge fees
Scott gets exposed to
Scott was also cautious when he attended a scholarship seminar that ended with a sales pitchSlide11
Video: From the Ohio Attorney General’s Office’s
2012 Take Action Video
Scammers promise “free” trips, “bargain” airfares, etc.Often come with other conditions, restrictions, hidden costs, and obligations
Carly is cautious to avoid spring break scamsSlide13
Top Signs of a ScamSomeone you don’t know requests personal info.You win a “contest” that you never entered.
You’re pressured to “act now!”
You must pay to receive a “prize”
Someone requests a large down payment.Slide14
Top Signs of a ScamYou’re asked to send money via wire transfer or prepaid card.You are overpaid for an item you sell online.
The company refuses to provide written info.
The company has no physical address.
The company insists you pay in cash.Slide15
Review QuestionsWhat are some signs of a scam?
Why are students targeted by scammers?Slide16
A Short Quiz!1. List three types of scams that target students.
were offered a job as a secret shopper but first you have to pay $250 for a special training. This is a typical business practice and you should pay for the
True or False?Slide17
locate good college scholarships, sometimes you have to pay upfront fees: True or False?
representative for a cruise company tells you and your friends that you should buy tickets for a spring break cruise as soon as possible or else you’ll miss out on a bunch of special offers. What are some red flags in this scenario?
are not allowed to tell students about travel
b - The
representative should not be pressuring the students to buy
representative may not be disclosing all of the information concerning the special
b and cSlide18Slide19