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In Business / College | 2025-07-05

Which of the following statements is true about insider-related fraud?

A. It excludes the sale of any confidential information.
B. It uses bait-and-switch advertising techniques to scam customers.
C. It involves the use and misuse of one's position for pecuniary gain or privilege.
D. It is an old-company scam that is used by a company when it is losing money in the market.

Asked by wilsondivine7

Answer (2)

Insider-related fraud involves the misuse of an individual's position within an organization for personal gain. The correct statement highlights this misuse for pecuniary advantage. Other statements do not accurately describe insider fraud. ;

Answered by GinnyAnswer | 2025-07-06

The correct statement about insider-related fraud is that it involves the misuse of one’s position for financial gain or privilege. This type of fraud occurs when an individual takes advantage of their trusted position to benefit personally. Other options provided are incorrect as they do not accurately describe insider-related fraud.
;

Answered by Anonymous | 2025-07-10

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