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Matthew and Luis own an industrial equipment business. They sell excess inventory via an online auction site. To maximize their profits, they have devised a

Matthew and Luis own an industrial equipment business. They sell excess inventory via an online auction site. To maximize their profits, they have devised a scheme using ghost bids to drive the merchandise prices higher.The men also plan to defraud buyers by selling used merchandise as new. To carry out their plans, Luis lists the merchandise online. Next, Matthew and an employee create fake buyer accounts with the online auction site. Finally, Luis will determine the times and dates in which Matthew and the employee will place the fake bids. Which of the following crimes have Matthew and Luis committed?

Question 15 options:

Criminal conspiracy

Attempted larceny

Robbery

Extortion

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