(True and False) 1. Private credit records are maintained on both individuals and organizations by various credit...
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1. Private credit records are maintained on both individuals and organizations by various credit reporting companies.
2. Several publicly available databases provide information that can be helpful in investigations.
3. The net worth method is rarely, if ever, helpful in actual fraud investigations.
4. For various reasons, the net worth method tends to be a conservative estimate of amounts stolen.
5. Conversion is the third element of the fraud investigation triangle.
6. The Gramm-Leach-Bliley Act of 1999 made it more difficult for officials and private citizens to access information from financial institutions.
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Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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