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In Business / College | 2025-07-06

A fraudster who convinces victims to invest in a fake real estate project and disappears with the money is committing which type of white-collar crime?
A. Abuse of trust
B. Business crime
C. Con game
D. Personal crime

Asked by sacalles05

Answer (2)

The fraudster in the fake real estate investment case is committing a business crime , which involves using deceit for financial gains. This also relates to the abuse of trust as the fraudster exploits victims' trust. Essentially, it reflects the characteristics of white-collar crimes. ;

Answered by GinnyAnswer | 2025-07-06

The fraudster in the fake real estate investment scheme is committing a business crime , which involves using deceit for financial gain by exploiting victims' trust. This type of white-collar crime reflects illegal activities in a commercial context. Understanding the characteristics of such crimes is essential to prevent victimization.
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Answered by Anonymous | 2025-07-07