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Question
Sam discovers that someone has used his bank card to charge hundreds of dollars at a sports store. Which risk of using financial institutions is he a victim of?
(1 point)
Responses

locked-in funds
locked-in funds

missed opportunities
missed opportunities

identity theft
identity theft

interest payments

1 answer

Sam is a victim of identity theft. This occurs when someone uses another person's personal information, in this case, bank card details, to make unauthorized purchases.