CFE – Financial Transactions and Fraud Schemes — Question 7

Which of the following is NOT a measure commonly taken by fraudsters during account takeover schemes?

Answer options

• A. Avoid accessing multiple payment accounts with the same stolen log-in credentials.
• B. Place orders for products or transfer funds from the overtaken accounts.
• C. Change account contact information to avoid alerting the true account holder.
• D. Obtain email addresses and other account log-in information using phishing emails.

Correct answer: C

Explanation

The correct answer is C because changing account contact information is a tactic meant to mislead the victim, making it more challenging for them to regain control. In contrast, options A, B, and D are typical strategies that fraudsters employ to exploit the compromised accounts for financial gain.