Quiz | Easy like Sunday morning: All about frauds and fakers!

1 / 10 |
According to the Constitution of India, 552 elected members make up the Lok Sabha. Each member gets a bench with their assigned number. There is only one number missing. Which number is this, that is a reference to a section of the Indian Penal Code?

2 / 10 |
The ‘Advance-Fee Scam’ is a form of fraud that has been around since the 18th century. It involves the victim paying money to someone in anticipation of receiving something of greater value. The most popular version of this scam involves an email coming from which source in Africa?

3 / 10 |
One type of scam that is meant to defraud a person is by gaining their trust. This is otherwise known as a ‘Confidence Trick’ as it relies on the scammer providing assurance or belief in their good will. What term is given to such people (usually men)?

4 / 10 |
An ‘exit scam’ is a type of fraud that is done by what seems to be a legitimate business, but ends with the scammer absconding with the money. Another name for this scam refers to the act of removing something that causes a sudden loss of stability. What phrase is this, which involves a household object?

5 / 10 |
The United Nations passed a treaty in 1967, which established that a certain area was the ‘province of all mankind’ and forbid any nation from claiming territory. One scam is to offer ownership of land to individuals through deeds. Since there is no physical way of confirming this, it goes unchecked. Acronymed as OST, what treaty is this?

6 / 10 |
This is a controversial practice in advertising because of its deceptive nature. The reason it exists is because of a legal technicality which requires full disclosure of all terms and conditions, but does not specify as to how it should be displayed. How do we know this practise which is usually contrary to what is advertised?

7 / 10 |
‘Salting’ is the act of tampering with an investigation site by adding bogus evidence and is also a fraudulent practice in a particularly industry. Contrary to usual scams, here they add actual gold or diamond to samples to carry out the trick. In which industry is this done to inflate prices?

Answer : Mining (to sell mining areas for higher prices)

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8 / 10 |
This form of malpractice involves creating a fictitious online persona, usually on social media platforms to mislead a victim and eventually defrauding them. The term comes from an anecdote about fishermen putting a certain type of fish with cod to keep them more active. What type of fish?

9 / 10 |
This is a type of business model in which rather than earning money by selling products to a consumer, one earns by recruiting new members with the promise of payments. This is an unsustainable practice and is named after the structure of the scheme. What scheme is this, which is outlawed in many countries?

10 / 10 |
This practice in business involves advertising an offer which promises money or something of value for acceptance. Once accepted though the buyer is forced to spend much more and are unable to escape. It is named after one of the greatest tricks in Greek Mythology involving a present given to the city of Troy. What is the name of this trick?