Lesson Notes By Weeks and Term - Primary 6

Economic crime

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Term: 3rd Term

Week: 9

Class: Primary 6

Age: 11 years

Duration: 40 minutes of 3 periods

Date:

Subject: National Values Education

Topic: Economic crime

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. Economic Crime
  2. Give Examples of Economic Crime

INSTRUCTIONAL TECHNIQUES: Identification, explanation, playway method, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS:

PERIOD 1: Economic crime

 INSTRUCTIONAL PROCEDURES

PRESENTATION

TEACHER’S ACTIVITY

PUPIL’S ACTIVITY

STEP 1

INTRODUCTION

The Teacher Revises the previous Topic On Punishment for Crimes.

Pupils pay attention

STEP 2

EXPLANATION

She Defines Economic Crime as illegal acts committed by an individual or a group of individuals to obtain a financial or professional advantage. It is also known as financial crimes. The Principal motive in such crimes is economic gain.

Pupils pay attention and participates

STEP 3

DEMONSTRATION

She gives Examples of Financial Crimes

1. Identity Theft- This happens when an individual’s personal data is used fraudulently by someone else for economic gain. Most often the thief obtains information like the victim name, address, phone numbers, and banking information. They may gain access to this data online, from your discarded mail or even from someone you’ve done business with.

2. Tax Fraud- Tax crimes are perpetrated on a regular basis by wealthy individuals. This occurs when someone willfully attempts to defraud the IRS by paying fewer taxes than they should pay.

3. Health Care Crimes- This occur when an Entity abuses the health care insurance system for financial gain. This crime could be committed by health care provider, business, or individual.

4. Schemes and Scams- This crime include pleas to send money either as an investment into a business, product, or relationship. The victim send the money and suddenly he is scam with no way to get the money.

5. Cybercrime- This involve a criminal hacking into databases, steal information and then blackmail the person or business into giving them money for the data.  Criminals can also steal people’s financial information, hacking into their accounts and using the web in other nefarious ways.

Pupils pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a short note on the board

The pupils write the notes in their books

 

NOTE

Economic Crime are illegal acts committed by an individual or a group of individuals to obtain a financial or professional advantage. It is also known as financial crimes. The Principal motive in such crimes is economic gain.

 

Examples of Financial Crimes

  1. Identity Theft- This happens when an individual’s personal data is used fraudulently by someone else for economic gain. Most often the thief obtains information like the victim name, address, phone numbers, and banking information. They may gain access to this data online, from your discarded mail or even from someone you’ve done business with.
  2. Tax Fraud- Tax crimes are perpetrated on a regular basis by wealthy individuals. This occurs when someone willfully attempts to defraud the IRS by paying fewer taxes than they should pay.
  3. Health Care Crimes- This occur when an Entity abuses the health care insurance system for financial gain. This crime could be committed by health care provider, business, or individual.
  4. Schemes and Scams- This crime include pleas to send money either as an investment into a business, product, or relationship. The victim send the money and suddenly he is scam with no way to get the money.
  5. Cybercrime- This involve a criminal hacking into databases, steal information and then blackmail the person or business into giving them money for the data. Criminals can also steal people’s financial information, hacking into their accounts and using the web in other nefarious ways.

EVALUATION:    1. Explain Economic Crime

  1. Give another name for Economic crime
  2. State and Explain 3 examples of financial crimes.

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the pupils positively



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