Deadline July 5, 2012 time 8am You must not copy and paste information. Only 200 words Document Preview: Methodology of Economic Crimes Week 12: Class DiscussionNOTE You must not copy and paste...

Methodology of Economic Crimes Week 12: Class Discussion NOTE You must not copy and paste information. Do not copy or paste information / Please ……. (In your own words, referencing) Your own words, referencing Only 200 words  Only 200 words / please Instructional Objectives for this activity:Analyze how recent financial crimes related to the information revolution are able to be repeated with success. Often we read about the various types of frauds that have been committed over time and wonder how these scam artists are able to keep pulling off these schemes. Using telemarketing as an example, but drawing from the other material we have reviewed, answer and discuss the following questions. Why are frauds underreported as a crime? How is it that scam artists seem to pick on the same targets multiple times with great success? How do the Internet and other available communication sources aid the scam artist?page Review Chapter 3 “Credit Card Fraud,” pages 72-78. Review Chapter 11, “Telemarketing Frauds,” pages 381-435. Figure 3.1 Identity theft the crime of the New Millennium, Sean B. Hoar USA Bulletin (March 2001) Sean B. Hoar, Assistant United States Attorney District of Organ The Nature of the Problem Identify theft has been referred to be some as the crime of the new millennium. It can be accomplished anonymously, easily, with a verity of means, and the impact upon the victim can be devastating. Identity theft is simply the theft of identity information such as a name, date of birth, Social Security number (SSN), OR A CREDIT CARD NUMBER. THE MUNDANCE ACTIVITVES OF TYPICAL CONSUMER DURING THE COURSE OF A REGULAR day may provide tremendous opportunities for an identity thief: purchasing gasoline, meals, clothes, or tickets to an athletic event; renting a car, video or home-improvement tools; purchasing gifts or trading stock on-line; receiving mail; or talking out the garbage or recycling. Any activity in which identity information is shared...