Corporate Fraud and Internal Control Workbook: A Framework for Prevention

Chapter Three

Frauds Against the Individual

INCIDENTS OF PRIVATE AND PUBLIC FRAUD are being reported daily in the media, and more and more prosecutions for this offense are being conducted in the various courts.

QUESTIONS: FILL IN THE BLANKS

Refer to Chapter 3 in Corporate Fraud and Internal Control: A Framework for Prevention.

1. In online auctions, ___________ accounts can receive payments in but cannot be used for payments out.

2. With notable exceptions, if the price seems ___________ , it may be that the item does not, in fact, exist.

3. ___________ frauds would include “dishonest” claims for products and services including “guaranteed” alternative health-care products or sex aids.

4. ___________ make use of malicious coding commonly hidden in spam e-mail or Web pop-ups. The coding installs itself and is activated when the computer connects to its normal Internet service provider. Operating in ___________ , the program then disconnects the computer from the normal ISP and establishes contact using a premium rate phone number instead.

5. In a ___________ scam, “Congratulations you have won” is a meaningless phrase since you did not buy a ticket and therefore you could not have won.

6. In a typical telephone fraud, targeted victims receive a communication in the form of a ___________ , ___________ , ___________ , or similar informing them that they have won a major prize.