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Financial scam-why people fall victim to this type of fraud

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Question

1. Find an example of a financial scam (e.g., Ponzi schemes, telemarketing fraud, and so on).

2. Describe how the scam was conducted, and outline its characteristics.

3. Explain why people fall victim to this type of fraud.

4. Identify ways in which people can protect themselves from this type of fraud.

5. Identify ways in which an organization can protect itself from these types of fraud.

Reference no: EM133473825

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