Economics · Financial Frauds

Match each of the following descriptions of potential frauds with the correct term: A. Receipts from one debtor are taken by the fraudster, who then uses receipts from another debtor to clear this sales ledger balance. B. The fraudster diverts small amounts from a large number of transactions. C. A company is asked to pay a small amount up front in order to secure a larger later payment. D. A fake investment is created, where high returns are paid to early investors out of funds from subsequent investors. (i) Ponzi scheme (ii) Teeming and lading (iii) Skimming (iv) Advance fee fraud