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    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 2: The Auditors Responsibilities Regarding Fraud and Mechanisms to Address Fraud: Regulation and Corporate Governance
  5. Question
    What Type of Fraud Occurs When the Deposits of Current
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What Type of Fraud Occurs When the Deposits of Current

Question 2

Question 2

Multiple Choice

What type of fraud occurs when the deposits of current investors are used to pay returns on the deposits of previous investors with no real investment happening?


A) Skimming.
B) Ponzi Scheme
C) Channel Stuffing.
D) Payroll Fraud.

Correct Answer:

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