A clearinghouse scam involves a victim receiving:
A) a letter that claims he or she has inherited a significant amount of money.
B) mail from a known party who claims to have access to large sums of money or assets.
C) a letter that falsely claims the writer represents a foreign bank.
D) an email containing their Social Security number and/or credit information.

Question

Quizplus · Accepted Answer

In a clearinghouse scam, the victim typically receives a letter that falsely claims the writer represents a foreign bank, which may offer access to large sums of money or assets. The letter may also request personal financial information or advance fees to process the funds. Therefore, the best choice is C.

A Clearinghouse Scam Involves a Victim Receiving