Fraud Week 11

Anti-fraud control, EXCEPT FOR

• Internal Audit Department

• Collusion

• Surprise Audit

• Anti-fraud training

Steal cash BEFORE RECORDED is called ...

• Disbursement

• Double Counting

• Skimming

• Round tripping

Non Cash type fraud against organization

• Inventory

• Information

• Securities

• Cash in Bank

GIFT made to influence the decision of government agents or employee

• Bribery

• Extortion

• Kickback

• Steal cash

Obtain money from another through COERCION, INTIMIDATION or THREATEN

• Bribery

• Economic Extortion

• Illegal Gratuities

Someone uses another person's name, address, bank, credit card to commit fraud

• Corruption

• Identity theft

• Theft of cash

• Bribery

Stage 1 of Identity Theft Cycle is ...

• Discovery

• Action

• Trial

• Error

In UK such platform like BINOMO is under ...

• Gambling commission

• Stock Exchange

• Investment Commission

• Central Bank