In a scavenger scheme, how does the consumer get defrauded again?

Prepare for the ACFE Certified Fraud Examiner (CFE) Financial Transactions and Fraud Schemes Test with our comprehensive quiz. Engage with flashcards, multiple choice questions, hints, and explanations. Ace your exam!

In a scavenger scheme, consumer fraud can occur in various ways, primarily involving manipulation or deception after an initial fraudulent act. When a company contacts the consumer to recover losses, it often plays on the victim's emotions and desire to regain their lost money, leading them to provide additional funds or personal information. This follow-up scam preys on the consumer's vulnerability after they have already been victimized, creating a cycle of fraud where the individual loses more resources based on a false promise or a fabricated claim of rightful recovery.

This choice highlights the predatory nature of such schemes, demonstrating how scammers exploit previous losses to further defraud victims, often under the guise of legitimacy. In this context, the idea that a consumer's desire to recover losses can be manipulated into another fraudulent interaction encapsulates the essence of recurring victimization in scams like scavenger schemes.

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