quiz 00

An accountant at a mid-sized company was responsible for paying vendor invoices. Instead of sending payments to the real vendors, she created a fake vendor account under her control and directed several payments there. She later used the funds to purchase personal items.
In most modern U.S. jurisdictions, which crime did the accountant most likely commit?

• Larceny

• Embezzlement

• Mail Fraud.

• Money Laundering.

A financial advisor promised his clients a fixed 15% return every quarter, regardless of market conditions. Instead of investing the money, he used funds from new investors to pay “returns” to earlier investors. After market downturns reduced new investment, the scheme collapsed.
Which crime best describes the advisor’s conduct?

• Insider Trading.
  
  

• Ponzi Scheme (Securities Fraud).

• Legitimate High-Risk Investment.

• Embezzlement.

A doctor billed Medicare for physical therapy sessions that were never actually provided to patients. He also exaggerated the complexity of certain treatments to receive higher reimbursements.
Which federal statute most directly applies?

• 18 U.S.C. § 1347 – Health Care Fraud.

• 18 U.S.C. § 1344 – Bank Fraud.

• 15 U.S.C. § 77q – Securities Fraud.

• 18 U.S.C. § 1029 – Access Device Fraud.

A bank manager created false loan applications under the names of real customers without their knowledge. He then approved the loans and redirected the money into his personal account.
Which crime did the bank manager most likely commit?

• Bank Fraud under 18 U.S.C. § 1344.

• Simple Theft.

• Mail Fraud.

• Money Laundering only.

A lawyer received funds from clients that were proceeds of a fraudulent investment scheme. To hide the source of the money, he transferred the funds through multiple shell companies before purchasing real estate.
Which statute is most applicable to his actions?

• 18 U.S.C. § 1956 – Money Laundering.

• 18 U.S.C. § 1341 – Mail Fraud.

• 18 U.S.C. § 1343 – Wire Fraud.

• 18 U.S.C. § 1347 – Health Care Fraud.

An employee at a mid-sized investment firm stayed late at the office one evening. While walking past a colleague’s desk, the employee noticed that confidential client account files were left unsecured. The employee accessed the files and, without authorization, copied several clients’ credit card numbers and financial statements for personal use.In the context of modern white-collar crime statutes, which offense, if any, best fits this conduct?

• Embezzlement.

• Identity theft and access device fraud.

• Securities fraud.

• Neither embezzlement nor fraud.

Based on the case facts (United States v. Tammie C.), which legal element best distinguishes embezzlement from ordinary theft?

• The offender’s use of force or intimidation.

• The victim’s consent to transfer of property.

• The offender’s lawful possession of funds due to a position of trust.

• The offender’s intention to permanently deprive the victim of property.

A corporate executive falsified financial statements to inflate the company's stock price, allowing him to sell his shares at a profit before the truth was revealed.
Which crime did the executive most likely commit?

• Tax Evasion.

• Embezzlement.

• Insider Trading.

• Securities Fraud.

A payroll manager at a large company created fictitious employees in the payroll system and collected their salaries for personal gain.
What crime is most applicable to the payroll manager's actions?

• Fraud.

• Embezzlement.

• Identity Theft.

• Money Laundering.

A real estate agent misrepresented the condition of a property to potential buyers, claiming it was in excellent shape while knowing it had significant structural issues.
Which offense best describes the agent's conduct?

• Misrepresentation.

• Embezzlement.

• Negligence.

• Fraud.