CJ 100 Lecture Notes - Lecture 3: Kenneth Lay, Embezzlement, Quid Pro Quo

• School: University of Alabama
• Department: Criminal Justice
• Course: CJ 100
• Professor: Douglas Klutz

Document Summary

Someone copies or imitates an item without having been authorized to do so, then passes the copy off for the genuine or original item. Trading of a company(cid:495)s stockers or other securities by individuals with access to confidential or non-public information about the company. Corrupt solicitation, acceptance, or transfer of value in exchange for official action. Form of identity theft that involves an unauthorized taking of another(cid:495)s. Two main types: application fraud and account takeover credit card information for the purpose of charging purchases to the account. Any type of scheme in which a criminal communicates with the potential victim via the telephone. Obtain info from victims when acting like a legitimate company, fake checks (cid:498)phony(cid:499) fund-raising: targets tragedies and natural disasters. Fortune tellers who persuade people to bury their money to lift the (cid:494)curse(cid:495) ***three elements of a ponzee scheme: legitimacy, well respected, trusted individual, they all collapse (new investors stop coming in)