Examlex
Which of the following statements is true?
Defalcation
Refers to the misappropriation of funds or embezzlement by a person entrusted with their care but not necessarily fraud.
False Entries
The intentional act of entering incorrect or misleading information into records or documents, often for fraudulent purposes.
Investment Swindle
A fraudulent scheme designed to deceive investors into giving money on the premise of receiving significantly higher returns.
Ponzi Scheme
A fraudulent investing scam promising high rates of return with little risk to investors, which generates returns for earlier investors by acquiring new investors.
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