Question of the Day: What form of identity theft was most common in 2017?

|
Apr 26, 2018
|
Question of the Day, Financial Scams, Identity Theft, Current Events, Research

Answer: Credit Card Fraud

Questions:

  • Why do you think credit card fraud is so easy for scammers to commit?
  • What are two trends that you can spot from analyzing the chart on the previous page?
  • If someone steals your credit card and makes purchases, are you “on the hook” to pay for them?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the Numbers (FTC's Consumer Sentinel Network Data Book 2017):

About the Authors

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Danielle Bautista

Danielle is a native of Southern California and a recent graduate from the University of Maine, where she braved the frigid winters—a feat in and of itself—and earned her Bachelor's degree in International Affairs. She has a passion for working with non-profit organizations and serving populations in underprivileged communities. When Danielle isn't writing NGPF blog posts, spearheading various outreach projects, or managing contests and flash surveys, you can find her doing some sort of outdoor activity, learning a new hobby, or cracking what she thinks are witty puns!