1. Phishing is the method of:
a. Using e-mail or other Internet applications to deceive people into disclosing valuable personal information.
b. Convincing a person to divulge personal information over the telephone.
c. Hacking into another’s computer files to access personal information.
d. Hiring a con artist to steal personal information from a person.

2. Multilevel marketing companies:
a. Are illegal.
b. Increase their distribution process by recruiting additional company sales representatives.
c. Can legally pay commission to representatives for simply signing up new recruits.
d. Require little time and effort to be successful.

3. In order to protect yourself from identity theft, you should:
a. Only give out your when purchasing a product online or over the telephone.
b. Always shred receipts, credit card offers, doctor’s bills, insurance information, or any other documents that contain sensitive personal information.
c. Leave your wallet at home or in the car.
d. Maintain the same password for every personal account.
e. Do all of the above.

4. The Gramm-Leach-Bliley Act gives you the right to:
a. Periodically change your Social Security number to avoid identity theft.
b. Receive a yearly stipend to cover the losses incurred as a victim of identity fraud.
c. Claim your high credit report although an identity fraudster has damaged it severely.
d. Sue the perpetrator for more money than he or she defrauded from you.
e. Opt out of having your personal information sold to organizations.

5. If you become a victim of identity theft, you should first:
a. Wait to see where the perpetrator is spending your money; then, using this information, plan an investigation with the local FBI organization.
b. Contact friends and neighbors to inquire if they have any useful information about the perpetrator.
c. Contact the Federal Trade Commission for assistance and advice.
d. Do none of the above.

6. Which of the following is a common characteristic of fraudulent money offer letters?
a. The letter will ask for help, convincing the victim that assistance is desperately needed.
b. Through the letter, the perpetrator will try to build a relationship of trust with the victim.
c. The letter promises the victim a large amount of money for little or no effort on the victim’s part.
d. The letter will make the victim feel that he or she is the only person receiving the “once in a lifetime” offer.
e. All the above.

7. The major reason that elderly people are so susceptible to telemarketing fraud is that they:
a. Are often financially in need.
b. Have an excess amount of cash to invest.
c. Are often lonely and enjoy talking to friendly callers.
d. Are none of the above.

8. Consumers should provide credit card numbers or bank account information over the telephone only when:
a. They initiated the call and are purchasing a legitimate product.
b. They are asked to give the information.
c. The entity receiving this information is a legitimate company.
d. They feel confident that the receiving entity will protect such information.
e. Doing so qualifies them to receive certain financial benefits.