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ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Question # 14 Topic 2 Discussion

ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Question # 14 Topic 2 Discussion

CFE-Law Exam Topic 2 Question 14 Discussion:
Question #: 14
Topic #: 2

Bob owns a struggling business called Luxury Rentals that has ten luxury vehicles. A week before Luxury Rentals files for bankruptcy, Bob transfers ownership of one of the vehicles to his wife. Which type of fraud scheme has Bob most likely committed?


A.

A fraudulent conveyance


B.

A fraudulent bankruptcy


C.

A concealed transfer


D.

A planned bustout


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