Which of the following frauds involved primarily asset misappropriation?
A) Enron.
B) Worldcom.
C) Dell.
D) Koss.

Question

Quizplus · Accepted Answer

Koss fraud was primarily an asset misappropriation fraud involving the former vice president of finance, Sue Sachdeva, who embezzled more than $30 million from the company. Enron and Worldcom were both involved in financial statement fraud, while Dell did not have a major fraud scandal involving asset misappropriation.

Which of the Following Frauds Involved Primarily Asset Misappropriation