Lifestyle changes of fraud perpetrators are related to which of the following fraud elements?
A) Theft act
B) Concealment
C) Conversion
D) Confession

Name: Lifestyle changes of fraud perpetrators are related to which of the following fraud elements? A) Theft act B) Concealment C) Conversion D) Confession
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Question

Quizplus · Accepted Answer

Conversion refers to the act of fraud perpetrators using the stolen assets for their personal benefit, which often leads to changes in their lifestyle.

Lifestyle Changes of Fraud Perpetrators Are Related to Which of the Following