A group of immigrants moved from town to town in the Pacific Northwest perpetrating the same fraud.
Question:
A group of immigrants moved from town to town in the Pacific Northwest perpetrating the same fraud. An advanced member of the group obtained a paycheck from the largest employer in the town by paying a premium to the check’s value. He then scanned the check and used a variety of software packages to prepare fictitious paychecks from the employer. The group arrived on the next payday, cashed the checks at local establishments, and moved to another town before the checks were presented for payment at the local bank. This is an example of what type of fraud?
a. Input fraud
b. Processor fraud
c. Computer instruction Fraud
d. Data fraud
e. Output fraud
Step by Step Answer:
Accounting Information Systems
ISBN: 9781292220086
14th Global Edition
Authors: Marshall B. Romney, Paul John Steinbart