A shell company fraud involves
A)stealing cash from an organization before it is recorded
B)stealing cash from an organization after it has been recorded
C)manufacturing false purchase orders, receiving reports, and invoices
D)paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor

Question

Quizplus · Accepted Answer

A shell company fraud involves creating a fake company and generating false invoices, purchase orders, and receiving reports to fraudulently bill an organization for goods or services that were never provided. This allows the perpetrator to steal money without the organization noticing the discrepancy, making it a common form of white-collar crime. The other options given in the question refer to different types of frauds.

A Shell Company Fraud Involves