Standard 9: Fraud and Identity Theft

PFL 9.1: Understanding and Identifying Fraud

PFL 9.2: Protecting Yourself from Fraud and Identity Theft

PFL 9.3: Responding to Fraud and Identity Theft

Full Standard Detail below

Teaching Resources

Oklahoma State Department of Education: Making $en$e: Financial Success Curriculum and Frameworks | view now

  • Module 9.1: Beware! Consumer Fraud | view now
  • Module 9.2: Beware! Identity Theft | view now

Lessons, Activities, Calculators and Videos

  •  Lesson: Fraud & Identity Theft – Econedlink.org | view now
  • Lesson/Activity: Investigating Fraud & Identity Theft – CFPB | view now
  • Lesson/Activity: Three D’s of Identity Theft – Federal Reserve | view now
  • PD/Webinar: Don’t Be Scammed – EconedLink.org | view now

Full Standard Detail:

PFL 9.1 Analyze how consumers can become victims of deceptive practices that significantly impact their financial well-being.

A. Identify various types of consumer fraud, such as medical fraud, imposter schemes, forgery, pyramid schemes, and false billing.
B. Describe common methods used by criminals to commit fraud (e.g., bait and switch, skimming, changing address, and phishing).
C. Differentiate between consumer fraud and identity theft, including common methods used to steal one’s identity, such as dumpster diving, hacking, and social media.

PFL 9.2 Describe ways to protect yourself from identity theft and fraudulent practices (e.g., monitor monthly financial statements and annual credit reports; protect personal information and passwords).

PFL 9.3 Explain necessary responses if victimized by fraudulent business practices or identity theft (e.g., alert appropriate law enforcement agencies and credit bureaus, freeze credit histories, and change passwords).