What type of fraud was the ZZZZ Best fraud?
A) Employee Embezzlement
B) Investment Scams
C) Vendor Fraud
D) Management fraud

Question

Quizplus · Accepted Answer

A: Employee embezzlement involves employees directly or indirectly steal from their employers.
B: Investment scam involves investors into putting money into fraudulent investment schemes.
C: Vendor fraud involves organizations that overcharge for goods or services or non-shipment of goods, even though payment has been made.
D: The ZZZZ best fraud involved management manipulating the financial statements.

What Type of Fraud Was the ZZZZ Best Fraud