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.
What is Felony Fraud? Check fraud is when a person steals money or goods by forging another's signature or purposefully writing a check that will bounce back. Insurance fraud is an attempt to collect money or medical benefits by falsely claiming injury or even death. Mail fraud can be a form of felony fraud.