What was the major fraud scheme used by baptist foundation

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Problem 1: The FBI estimates that fraud in the United States is annually what amount?

a. $652 Billion

b. $1 trillion

c. $300 billion

d. $400 billion

e. Some other amount

Problem 2: What was the major fraud scheme used by the Baptist Foundation of Arizona?

a. Ponzi scheme

b. Created many fake purchase orders.

c. Improperly capitalized a number of expenses

d. Bill and hold strategy

e. None of the above.

Reference no: EM132686080

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