Consumer, unawaring, perpetrator, schemes, swindled, victimized, convince, distributorships, recruit, misappropriation, advertising, to misrepresent, utility, earned, to continue, misappropriation, employee, to withdraw, mathematically, possession, to wipe, frequently, questionable, moderate, unscrupulous, worthless, drought, legitimate, signing.
Answer the following questions.
1. What is the best way to reduce consumer fraud?
2. What is an aim of a chain referral scheme (a pyramid)?
3. Why is profit from pyramid scheme impossible for distributors?
4. What is a procedure of phoney bank inspector actions?
5. Why do boiler room operations scheme work well?
6. What recommendations will you give your friends to avoid
a/ land investment fraud scheme?; b/ home improvement fraud scheme?
3. Explain what is meant by:
no one likes to be swindled or conned, with the added incentive of allowing the distributors to sell sub distributorships, the misappropriation of money, savings can be wiped out, to be of questionable value, to find oneself trapped in smth, slick advertising, to seduce potential victims into smth, to be paid in cash, to rush smb into signing.
Retell the texts.
Vocabulary and grammar work
1. Fill in the blanks with the proper words:
Involve, home, unusually, need, workmanship, identification card complaints, bill, services, expensive, utility repairmen
1. Because home repairs and improvements are_________ undertakings, con men have entered the industry to rip you off.
2. The _________ repair fraud is perpetrated by individuals who go door to door offering their _________for a nominal fee.
3. The home repair may ________painting, repairs of roofs or furnaces, and so forth.
4. Although actual repair work may be done, _________and materials are deficient.
5. Due to the large volume of__________ they generate, home repair swindlers do not remain in a single community for long.
6. Be careful if somebody mails you a brochure offering to do an expensive job for an ________ low price.
7. Free inspections by con men turn up plenty of expensive repairs you don't______.
8. Some vagabond thieves may show up at your home and try to gain access by posing as _________or home insulation inspectors offering a free inspection.
9. They may quickly flash something that looks like an _________to convince you to let them enter.
10. However, when they leave, you may be left with a large ________ and a faulty repair job.
Supply the prepositions and postpositions.
1. Many proud parents put _______ hundreds________ dollars_______ a promise _______ their child will get a big break________ the movies_______ TV commercials.
2. One man staying________ a posh Miami Beach motel advertised_______ children to appear _________ his movies.
3. He claimed affiliation________ a major movie studio, and eager mothers invested hundreds_______ dollars _________the production, which never shot a foot ________ film.
|
|
|
The sentences of the story are both shuffled and in disorder. Make up the sentences and finally the logical story. The beginnings of the sentences are given.
Inheritance Scam
1. Sometimes; to mail the inheritance tax; tells the victim; tax; the caller
2. When the victim answers, the victim's bank account; the con artist says;that he or she will deposit; the inheritance in; answers the questions.
3. But at first; must be answered; birthplace, mother's maiden name, Social Security number" the victim's bank account; all the information needed; such as birthday; to withdraw money from; some questions.
4. In this scam; and; "You may be the recipient; on the other end, a sweet-sounding person says: recipient of a huge inheritance, the victim's phone rings
5. One variation; involves a victim; before the inheritance is paid; of the inheritance scam; who pays an inheritance tax
6. In the afternoon, a withdrawal is made; can be discovered, and the victim, has lost money; before the fraudulent check.
7. Sometimes, collects the inheritance tax; a phony cashier's check; official-looking gentleman; in cashbefore awarding the victim; a well dressed.
8. In the morning, the victim's account; is deposited into; a fraudulent check.
WRITING
a/ Read the text - -. Choose any part for written translation into English. (12 lines).
1 /. , . - ' , , , . , ..
2/. , "". , . : ? ? ? ³ , "" - ? , . , , . , , .
3/. "". . " ", - . , , , : ", , 50 . . - ". , "" , "" . , "" 50 ., .
|
|
|
4 /. , . . "! 2 .!". - , 50 . , , "".
. - 40 , . , , , "". , - ' .
5/. -. , . ' "", , . , , , , " - ".
b/ Describe your own experience of communication with streets distributors. (150 words)
SECTION 4:
FRAUD IN FINANCIAL SPHERE
Before you read
Discuss these questions:
1. Do you have your own credit card?
2. What do you know about the procedure of receiving cheques, credit cards?
Key vocabulary:
imposter, foolproof, outgoing mail, dumpster dive, to accomplish ones needs.
