Question


In 2012, employees of Timeshare Mega Media were charged in a massive telemarketing scheme to defraud timeshare owners who were trying to sell their properties. Mega Media sales people contacted owners who because of the economic downturn were desperate to sell their units. Victims were pressured into a quick decision by sales reps who falsely claimed that there was a buyer waiting in the wings, either on the other line or in the office. Owners were then required to pay an upfront feeanywhere from a few hundred to a few thousand dollarssupposedly to cover transaction costs. But, there were never any buyers and the employees pocketed the upfront fees.
The type of crime this company perpetrated was a(n)
a. larceny
b. embezzlement
c. client fraud
d. credit card theft

Answer

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