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

Question

Quizplus · Accepted Answer

A clearinghouse scam involves a victim receiving a letter that falsely claims the writer represents a foreign bank. The victim is then asked to provide personal financial information or pay a fee to access the supposed inheritance or funds. This is a common type of fraud and should be reported to the authorities immediately.

A Clearinghouse Scam