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For each of the following examples, identify whether the fraud is employee embezzlement, management fraud, investment scam, vendor fraud, customer fraud, or miscellaneous fraud Jordan
For each of the following examples, identify whether the fraud is employee embezzlement, management fraud, investment scam, vendor fraud, customer fraud, or miscellaneous fraud
- Jordan lost $5,000 by investing in a cryptocurrency scam.
- The CEO and CFO of BigShot Inc. were found guilty of implementing a scheme whereby the company issued financial statements that overstated the companys profits by $1.2 billion over a five-year period.
- Billy bought a pair of $180 dress shoes for $49 by putting the more expensive pair of shoes in the shoebox of the lower cost shoes that were on sale.
- For over three years, Suzie stole $50,000 from the bank where she worked as a teller.
- A local county lost over $250,000 because a contractor billed the county for work never performed.
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