Social Studies

How to prevent fraud

len Alfred Ajibola - 06th January, 2023 @ 07:38 PM

Topics in Social Studies

How to prevent fraud Types of fraud explained Fraud as a contemporary social problem in Nigeria Explanations on the social problems in Nigeria and their solutions Contemporary social problems in Nigeria What is culture? Components of culture in social studies Child marriage and its consequences Consequences of Female Genital Mutilation What is healthy self-esteem? Characteristics of healthy self-esteem Causes of Environmental Problems Environmental Problems: Effects and Solutions to Environmental Problems Consequences of drug trafficking and solutions to drug trafficking Drug Trafficking: Reasons for drug trafficking Self-esteem: How to overcome low self-esteem What is low self-esteem? Characteristics of low self-esteem Low self-esteem: Causes of low self-esteem Consequences of Conflicts and Solutions to Conflict Global acronyms and their meanings Nigerian acronyms and their meanings Meaning and Objectives of Social Studies


Academic Questions in Social Studies

Please click here to see all Questions and Answers

Marital separation may also be termed as divorce.

  • A. True

  • B. False

An ancient mode of transportation that requires the use of donkeys and camels is termed _____.

  • A. Human trans-animal

  • B. Human trans-ancient

  • C. Human-animal transportation

  • D. Human mechanical movement

  • E. Human porterage

  • F. Human trans-old

Rail transportation is a type of land transportation.

  • A. True

  • B. False

The following statements are true concerning transportation except _____.

  • A. Transportation is defined as the movement of goods, persons and animals from one point to another.

  • B. Means of transportation is not the same thing as Mode of transportation

  • C. Land transportation is a means of transportation

  • D. Rail transportation is a type of land transport

  • E. Pipeline typically transports liquid and gaseous products

  • F. Human porterage is an ancient mode of transportation

Which of the following is not a Nigerian acronym?

  • A. NBA

  • B. ISO

  • C. KAI

  • D. NAEC

  • E. NAPEP

  • F. MMIA

The acronym ICPC means _____.

  • A. Independent Corrupt Practice Command
  • B. Independent Corrupt Practice Complaints
  • C. Independent Corrupt Practice Court
  • D. Independent Corrupt Practice and other related offences Commission
  • E. Independent Corrupt Practices Cooperation
  • F. Independent Corrupt Pactice Conduct

Nigerian coat of arms - Len Academy

The black shield in the Nigerian Coat of Arm represents the _____.

  • A. Strength of Nigeria

  • B. Pride of Nigeria

  • C. Dark complexion of Nigerians

  • D. Dignity of Nigeria

  • E. Fertile soil of Nigeria

  • F. Beauty of Nigeria

Which of the following is not a Nigerian National Symbol?

  • A. The Nigerian Flag

  • B. The Nigerian National Anthem

  • C. The Nigerian National Pledge

  • D. The Nigerian Naira (NGN)

  • E. The Nigerian National Identity Card

  • F. None of the above


Ways of preventing fraud:

Fraud is defined as a deceptive action carried out by a person, group of persons or an organization through a deliberate perversion of truth in order to gain something of value, especially money, through such dishonest process.

Please read on the types of fraud here.

 

Below are 16 ways to prevent fraud:

 

  1. We should never send money to strangers over the internet. This action is useful in preventing catfishing (or romance scams) as seen on various dating sites.
    Please read on the internet and world wide web here.


  2. Since fraud is often committed via the internet, we should always check the Uniform Resource Locator (URL) of any visited website to confirm its authenticity. A legitimate URL must contain the domain name of the website. For instance, the URL of Len Academy must always contain the domain name 'len.com.ng'.
    Please read on domain name system here.


  3. We should never imput our Personal Identifiable Information (PII) and financial details into unknown web pages emanating from email links. In fact, we should be cautious when clicking links in emails. Phishing attacks can be prevented through this process.


  4. Credit alert notification received via SMS may be fake. It is therefore crucial that we confirm all the money credited into our bank account through our bank's official application.


  5. We should avoid investing our money on online platforms that promises a very high Return on investment (ROI). Also, all forms of ponzi scheme should be avoided.
    You can read on fraud as a contemporary social problem in Nigeria here.


  6. We should not obtain loan from unregistered online loan applications, as they may eventually blackmail the loanee. These are loan sharks with no physical structure. However, we still have some genuine loan companies with structures and online application. Regardless, these should be preperly verified before obtaining loan from them.


  7. Debit and Credit cards should be well secured. The 16 digit code in front of the cards along side its expiry date should be always protected. Also, the Card Verification Value (called CVV number) at the back of the card should also be protected. In addition, the pins of our debit and credit cards should be kept private and confidential.
    Please read on credit and debit cards here.


  8. We should be careful when making online financial donation to charity organizations. A legitimate charity organization does not compel one into making financial donations. Also, they typically do not accept cryptocurrencies and gift cards, as these are scammers preferred methods of accepting payments.
    Please read on black market here.


  9. Lottery organizations should carefully verify all winning lotteries, even when it comes from a known and reputable source. For individuals who have won lotteries, their winning ticket should be kept confidential and secured.
    Please read on civic responsibility here.


  10. We should be careful when clicking popup messages on websites, especially those stating that we have won a large sum of money. However, understand that there are numerous legitimate adverts running on various websites. Such ads can be visited if we find them useful. However, we must ensure that the websites running such adverts are legitimate.


  11. Mortgage organizations should observe due diligence before giving out loans. In this regard, all the correct and appropriate details of the loanee must be collected.
    You can read the concept of business structure here.


  12. Fraud detection softwares should be installed on our computers and mobile phones. Examples include, fraud scoring software, device fingerprinting, geolocation, biometrics (two factor authentication), and a trusted antivirus software. Also, strategically placing CCTV cameras in our working environment and ATM machines can help detect fraudulent behaviours.


  13. We should not provide our bank accounts for accepting payments from money laundering scams, regardless the allocated commission given to us. One will be sentensed to jail if found guilty of this fraudulent crime.
    Please read motivational quotes for students here.


  14. We should be careful when clicking website links from dating sites and other chat applications. This is true because fraudulent links (requesting confidential information like username, email and password) may be sent by one's chat partner.


  15. Unwanted and suspicious calls, including text messages should be blocked. We should also apply this principle on social media and chat applications.
    You can read on interesting facts for students here.


  16. Organizations and corporate bodies are recommended to employ cybersecurity professionals and certified ethical hackers.

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Amazing facts in Social Studies

Ashrita Furman holds the world record for the holder of the most world records. He had set over 600 records and currently holds more than 200 world records

As at 2023, France remains the most visited country (with about 90 million visitors), followed by Spain (83.7 million). Next is the United States of America (79.3 million)

Car license plate in canada - Len Academy

Some car license plates in the Northwest Territories of Canada are shaped like a polar bear

The Library of Congress located in Washington D.C, America is the world's largest library. It contains over 162 million items in more than 450 languages.

The British Library (with over 150 million items) comes second, followed by the Library and Archives Canada with 54 million items (third), the New York Public Library with 53.1 million items (fourth), and the Russian State Library with 44.4 million items (fifth)

Located in Fez, Morocco, the University of Karueein (or University of Al Quaraouiyine) was founded way back in 859 A.D; and it's the world's oldest university (world's oldest higher learning institution) in the Guinness World Record.

In 1963, it was incorporated into Morocco's modern state university system, with approximately 8,000 students enrolling each academic year

We have got people who have fears on their fears. They are said to exhibit phobophobia which is the fear of phobias

Men big heel shoe - Len Academy

High heel shoes were first designed for men

According to Ecology Global Network, four babies are born every seconds, 250 every minutes, 15,000 every hour, 360,000 everyday and 131.4 million babies every year

People under age 30 account for over 52% of the world's population

People over age 60 make up 12.3% of the world's population


NOTABLE POINTS IN Social Studies

The following proactive processes can help reduce conflict in various organizations:

  1. Communication

  2. Set conflict guidelines

  3. Encourage collaboration and teamwork

  4. Proper recruitment process

  5. Promote social events

  6. Applying fair treatment

  7. Listening and understanding skills

  8. Private opinion and feedback from staff

  9. Gender equality

Please read more on conflict management in organizations here

Conflict can be caused in a variety of ways. For instance, silence may result into conflict. Interestingly, silence has also shown to be a great means of conflict prevention.

Below are some causes of conflicts:

  • Frustration

  • Misunderstanding

  • Poor communication

  • Interest

  • Leadership

  • Personality

Conflict is defined as a disagreement between two or more persons characterized by exchange of words and hostilities.

Conflicts can be reduced in organizations if the following proactive steps are adhered to:

  1. Communication

  2. Set conflict guidelines

  3. Encourage collaboration and teamwork

  4. Proper recruitment process

  5. Promote social events

  6. Application of fair treatment

  7. Listening and understanding skills

  8. Private opinion and feedbacks from staff

  9. Gender equality

Please read on conflict resolution in organizations and their explanations here.

The United Nations has six principal organs or arms. These are

  1. The General Assembly
  2. The Security Council
  3. The Economic and Social Council
  4. The Trusteeship
  5. The International Court of Justice
  6. The Secretariat

United Nations (UN) is the world body set up to promote peace and unity among the countries of the world. It officially came into existence on the 24th day of October, 1945 after it had been ratified by five permanent members of the security council and by the other 46 signatories. These permanent members are:

  1. United States of America
  2. United Kingdom
  3. Soviet Union
  4. Republic of China
  5. France

In total, the numerical strength of the United Nations at its inception was fifty one (51) states