Property Crossword Flashcards
What is Check Kiting?
When the employee writes checks on an account that doesn’t have sufficient fund
What is Shoplifiting?
It is someone who steals or conceals merchandise from a store
What is Extortion?
Someone who threatens to obtain the property of another person
What is Vendor Fraud?
Committed by employees acting alone or in collusion with vendors
What is Robbery?
It is unlawful taking of property from a person using force
What is Insurance?
It is a type of fraud that is a frequent motive for arson
What is Arson?
It is intentional fire setting or attempting to set fire
What is Burglary?
It is unlawfully entering a home and stealing property
What is a Billing Scheme?
It is an employee that generates false payments using the company’s vendor payment
What is Embezzlement?
It is unlawful taking of property by someone who it was entrusted to
What is Procurement Fraud?
It is over-ordering product then returning some and pocketing the rest
What is Commission Fraud?
It is when an employee inflates sales numbers to receive higher commissions
What is Larceny?
It is the unlawful taking of a person’s property with the intention to deprive
What is Credit Fraud?
It is a form of identity theft that involves an unauthorized taking of another’s credit
What is Bribery?
It is the offer or acceptance of anything of value in exchange for influence
What is Forgery?
It is a false document or other imitation of value used with to deceive another
What is Compensation Fraud?
It is when an employee inflates injuries that did not occur to work to receive money
What is Petty Theft?
It is stealing an object with small value
What is Check Tampering?
It is when an employee alters details on a check or creates an unauthorized check
What is Check Forgery?
It is when an employee forges a signature on a check
What is Identity Theft?
It is when someone uses another person’s personal data for gain
What is Price Fixing?
It is when competing vendors collude amongst themselves to set a minimum proce
What is Inventory Theft?
It is when an employee steals product from a company
What is Overbilling?
It is when vendor pads invoices to charge the company for more goods than it ships
What is Laundering?
It is a method of concealing the source of illegally obtained money
What is Kidnapping?
It is taking of a person against their will to a confined space for gain
What is Securities Fraud?
It is someone who makes false statements about a company or the value of it stock
What is Skimming?
It is not registering a sale and pocketing the cash
What is Vandalism?
It is when an individual defaces or destroys property without permission
What is Theft?
It is to steal property
