The word ARMY was not intended to be an acronym for anything. Army simply means a group of men that are armed to fight other groups of armed men.
Answer added by: Abd ElRahman Mohammed Idris Mohammed Internal Audit Manager 2 years ago. The three main types of fraud are: 1- Misstatements (fraudulent financial reporting). 2.- Misappropriation of company assets (theft) 3- Corruption (bribes, conflict of interests.) 0 Comments.
Fraud is using deceit or dishonest means for the purpose of depriving another of money, property or a legal right. This article discusses types of fraud, pleading and proving the elements thereof. TYPES OF CIVIL TORT FRAUD AND MISREPRESENTATION: Intentional fraud and deceit occur when the perpetrator uses deceit (false important facts) to convince the victim to rely on the false facts. Then the victim reasonably relied on and was harmed by the deceit.