Fraud Examination Study Set 4

Business

Quiz 15 :
Consumer Fraud

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Quiz 15 :
Consumer Fraud

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G M is not an actual person. Any person into any kind of fraudulence and/or forgery may not be real in his or her identity. Thus, although having a real entity, such fraud projectors are often the faces behind some sort of imaginary identity. The proposition laid out by M was no real because, in such cases of the forfeiture of the invested money by a foreigner in a foreign land in case of no viable heir, as a result of which, such is to be rested with the foreign government - the government shall always be proceeding through concrete, official and legal notifications. Private emails, that too asking for enclosed support and discretion will be discredited by a government affair. Moreover, the proposal of sharing of the invested monetary amount between the mailer and the proposed person to whom such personified and discrete mail is being sent, also clearly focuses over the false proposition being made. Three elements of fraud found in the letter to the American government staff by the South African potage named M are the following: • Asking for personal fax number to the sender of his email, thus assuring him to work in confidentiality to him and being rewarded with a good percentage of the amount left with him due to the heir issue of a non-resident American in South Africa. • Asking for the bank details of the addressee. • Using other related mail id for sending and re-sending a similar mail, although using same name and writing about same issue. However, talks of profit are not to be initiated via email anymore, on the part of the mailer. Some of the characteristics those are evident in every fraud cases of all types of Nigerian money offers are: • Asking for personal details and enclosed discretion of the addressee. • Asking for a private fax number and reluctance shown in continuing talks on any matter related to money offers over email. • Offering a luscious amount of money as a percentage as an open bribe to the governmental officers without having the least fear of governmental showing of relevant causes of such behavior. 5. Most people being allured by huge amount of forfeited money, no restrictions and lesser risks of getting hacked by in taking such luscious amount of money, having a secured governmental back-ups to such intakes and a fake discretionary attitude taken by the mail senders --- such fraud cases are thus being subjected, falling common people prey to such circumstances. Keeping every transaction private - an assurance given by the mail sender, along with the promise of a good share of a six digit monetary figure, often triggers the never-ending requirement of money on the part of a common man to fall prey to such fraudulence. 6. To protect myself from becoming a victim of consumer fraud, take all precautionary measures well in advance.

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