Business Crimes

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What is considered embezzlement in a business environment?

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Misappropriation of funds or property entrusted to one's care

Front

Which of the following is an example of insider trading? Trading company stocks based on public news, Trading company stocks based on non-public, material information, Investing in stocks based on a financial advisor's recommendation, Selling stocks to avoid losses during a market downturn

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Trading company stocks based on non-public, material information

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What is money laundering?

Back

The process of making large amounts of money generated by a criminal activity appear to be earned legally.

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What is corporate fraud?

Back

Activities undertaken by an individual or company that are done in a dishonest or illegal manner and are designed to give an advantage to the perpetrating individual or company.

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What is intellectual property theft?

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Using another company's patented technology without permission

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What is bribery in the business environment?

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Paying someone to make a decision in your favor.

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What is tax evasion?

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Illegally hiding income or information from tax authorities

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What constitutes a conflict of interest in a business environment?

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A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity.

Front

What is false advertising?

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Deliberately misleading consumers about the qualities or benefits of a product or service

Front

What is identity theft in the context of business crimes?

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Using someone else's identity to obtain credit, goods, or services