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.
Scams that take place over interstate wires, such as telemarketing fraud, phishing, or spam related schemes, are called wire fraud. Elements of Wire Fraud. Wire fraud is very similar to regular fraud, except that it takes place over phone lines or involves electronic communications.The legal definition of wire fraud has four elements: 1  The defendant created or participated in a scheme to defraud another out of money; 2  The defendant did so with intent to defraud;eople who commit wire fraud are typically looking for your personal financial information in order to use your credit cards or transfer money from your bank account. One common example of wire fraud over the phone is telemarketing fraud.