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Chapter 16
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Nature of Larceny Fraud Investigating
Fraud Scenario- A Job Well Done
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Larceny and Theft
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Nature of Larceny
The most common crime of gain
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Nature of Larceny
The most common crime of gain
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Nature of Larceny
The most common crime of gain
Graphic
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Theft
The taking of property without the owners
consent, a popular term for larceny
Q 21
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Larceny/Theft
Taking and carrying, leading, riding, or driving
away the personal property of another...
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Larceny/Theft
With the specific intent of permanently depriving
the owner of his/her property
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Larceny/Theft
With the specific intent of permanently depriving
the owner of his/her property
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Larceny/Theft
With the specific intent of permanently depriving
the owner of his/her property
Q 23
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Legal Aspects of Larceny
Two Major Categories

• Grand larceny
• Petty Larceny

Q 1
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Grand Larceny
Taking or carrying away another persons personal
property
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Grand Larceny
Usually over a certain amount of value (200.00)
Q 22
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Grand Larceny
Generally considered a felony
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Petty Larceny
Taking or carrying away another persons personal
property
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Petty Larceny
Usually under a certain amount (200.00) Generally
considered a misdemeanor
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Types of Larceny /Theft

• Pickpockets
• Shoplifters
• Confidence game
• Purse Snatchers

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Types of Larceny /Theft

• Frauds
• Fencing Stolen Property

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Pickpockets

• May work alone or in small groups.
• Difficult to apprehend

Q 2, 15, 28
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Pickpockets

• May work alone or in small groups
• Difficult to apprehend

Graphic
Q 3, 4, 24
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Shoplifters

• Amateurs or Professional
• Young or Old
• Not always apprehended

Q 5, 25
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Shoplifters

• Amateurs or Professional
• Young or Old
• Not always apprehended

Q 6, 26, 35
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Shoplifting
Taking goods from a retail establishment without
paying for them, while posing as a customer
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Employee Pilfering
Theft of goods from warehouses,factories, retail
establishments, and offices by employees
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Employee Pilfering
Theft of goods from warehouses,factories, retail
establishments, and offices by employees
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Employee Pilfering
Theft of goods from warehouses,factories, retail
establishments, and offices by employees
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Employee Pilfering
Theft of goods from warehouses,factories, retail
establishments, and offices by employees
Q 16, 17, 27, 29
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Amateur Shoplifting

• Steal on impulse of the moment, or on a dare.
• Often do not need the items stolen

Sally's
Hits
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Professional Shoplifting

• More imaginative than amateurs.
• Motive is money or profit
• Use devices to aid in shoplifting

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Professional Shoplifting

• More imaginative than amateurs.
• Motive is money or profit
• Use devices to aid in shoplifting

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Booster Device
A container- generally a box with a spring-
loaded device...
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Booster Device
Allowing the professional shoplifter to conceal
stolen goods
s
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Fence
Slang term for a professional receiver,
concealer, and disburser of stolen property
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Nature of Larceny Fraud Investigating
Fraud Scenario- A Job Well Done
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Fraud
Depriving someone of his/her property by using
misrepresentation, trickery or deception with
criminal intent
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Fraud
Depriving someone of his/her property by using
misrepresentation, trickery or deception with
criminal intent
Take it please!
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Types of Fraud

• Credit Card Fraud
• Confidence games
• Consumer and Business Fraud

Q 7
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Types of Fraud

• Telemarketing Fraud
• Check Fraud
• Insurance Fraud

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Check Fraud
Forging checks and writing bad checks are
different statutory violations in most
jurisdictions.
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Bad Checks
A check that an individual tries to cash, not
knowing there is insufficient funds to cover the
draft, or.
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Bad Checks
A check cashed intentionally, when one knows
there are insufficient funds
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Bad Checks
A check cashed intentionally, when one knows
there are insufficient funds
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Bad Checks
A check cashed intentionally, when one knows
there are insufficient funds
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Bad Checks
A check cashed intentionally, when one knows
there are insufficient funds
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Hanging Paper
Slang expression for intentionally writing bad
checks
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Hanging Paper
Slang expression for intentionally writing bad
checks
Q 8
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
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Forged Checks
Check forgery- an attempt to pass off false
signatures on a check as genuine
Erica Dawn
Q 30
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Confidence Games (Bunco)
Obtaining of money or property by a trick,
swindle or device that takes advantage of the
victims confidence in the swindler
Q 12, 18
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Shill
Slang term for a secret coconspirator or
accomplice in a confidence game
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Shill
Slang term for a secret coconspirator or
accomplice in a confidence game
Q 9
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Insurance Fraud
Phony accident schemes, faked burglaries,
exaggerated injuries, false medical charges
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Insurance Fraud
Phony accident schemes, faked burglaries,
exaggerated injuries, false medical charges
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Consumer and Business Fraud

• Unlawful financial and business schemes
• Designed to exploit and prey on consumers

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Consumer and Business Fraud

• Bait and Switch
• Look Alike / Sound Alike Products
• Misrepresentation or False Advertising

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Consumer and Business Fraud

• Service Swindles
• Misrepresentation of Warranty
• Ponzi Schemes

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Bait and Switch
Advertised bargain merchandise lures or baits
a customer into a store
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Bait and Switch
Advertised bargain merchandise lures or baits
a customer into a store
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Bait and Switch
Advertised bargain merchandise lures or baits
a customer into a store
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Bait and Switch
Advertised bargain merchandise lures or baits
a customer into a store
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Bait and Switch
Advertised bargain merchandise lures or baits
a customer into a store
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Bait and Switch
Once in the store, customer learns no more
advertised material is available, but...
Sold Out
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Bait and Switch
more expensive versions of the same product are
available
Big Bucks
Q 10
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Look Alike/ Sound Alike Products
Sellers offer inferior products with names that
sound similar to, or packages that look like
better quality products
Wonderflex Cameras
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Misrepresentation
Misrepresentation of a products performance,
warranty, quality or cost of credit
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Misrepresentation
Misrepresentation of a products performance,
warranty, quality or cost of credit
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Misrepresentation
Misrepresentation of a products performance,
warranty, quality or cost of credit
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Misrepresentation
Misrepresentation of a products performance,
warranty, quality or cost of credit
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Service Swindles
Repair to a home appliance or an automobile when
repairs are not needed, or overcharging for
repairs
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Service Swindles
Repair to a home appliance or an automobile when
repairs are not needed, or overcharging for
repairs

Q 20
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Misrepresentation of Warranty
Intentional failure to provide a consumer with
facts about a products warranty provisions and
exclusions
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Misrepresentation of Warranty
Intentional failure to provide a consumer with
facts about a products warranty provisions and
exclusions
Uh Huh
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Misrepresentation of Warranty
Intentional failure to provide a consumer with
facts about a products warranty provisions and
exclusions
Uh Huh
Sure
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Ponzi Schemes
A pyramid scheme, offers investors weekly or
monthly returns on their initial investment
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Ponzi Schemes
A pyramid scheme, offers investors weekly or
monthly returns on their initial investment
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Ponzi Schemes
A pyramid scheme, offers investors weekly or
monthly returns on their initial investment
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Ponzi Schemes
A pyramid scheme, offers investors weekly or
monthly returns on their initial investment
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Ponzi Schemes
A pyramid scheme, offers investors weekly or
monthly returns on their initial investment
Q 11
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Ponzi Schemes
Payments are financed out of money from new
investors
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Ponzi Schemes
Pyramid schemes collapse when new investors
cannot be found, or...
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Ponzi Schemes
When existing investors pull out
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Ponzi Schemes
When existing investors pull out
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Telemarketing and Mail Frauds

• Dream vacation by credit card
• The victim discloses his/her credit card number

Q 19, 31
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Nature of Larceny Fraud Investigating
Fraud Scenario- A Job Well Done
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Investigating Fraud

• No Crime Scene
• Information must come from the victim, witness
  or perpetrator

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Sting Operation
Undercover Operation
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Sting Operation
Undercover Operation

• Set up to catch or sting offenders committing
  a crime.
• Used to collect evidence against thieves

Q 33
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Receiving Stolen Property
Offense is really receiving or concealing stolen
property, not possession of stolen property
Graphic
Q 13, 32
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Investigating Fences and Other Receivers
of Stolen Property

• Speak to business groups
• Caution about offers too good to be true

Q 14
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Preventing Fencing
Place I.D. numbers on products

• Reduces items taken
• Aids individuals and businesses to identify
  their property

Q 34
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Nature of Larceny Fraud Investigating
Fraud Scenario- A Job Well Done
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Lets Discuss
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A Job Well Done
Smokey Petes BBQ, a well known catering service,
was experiencing a loss in its inventory of Tri
Tip steaks.
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A Job Well Done
The loss usually occurred after a large catering
job
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A Job Well Done
When Pete the owner asked his two employees about
the inventory loss, they both claimed...
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A Job Well Done
When Pete the owner asked his two employees about
the inventory loss, they both claimed...
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A Job Well Done
several pieces of steak had been overcooked and
had to be discarded
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A Job Well Done
several pieces of steak had been overcooked and
had to be discarded
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A Job Well Done
After these losses began to happen regularly,
Pete decided to call the police
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A Job Well Done
After these losses began to happen regularly,
Pete decided to call a security company
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A Job Well Done

• As an investigator, what would you do to
  investigate this theft?
• How would you determine if a crime had been
  committed?

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A Job Well Done

• Would you speak to anyone at Petes BBQ?
• If yes, who would you speak to, and why?

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A Job Well Done

• Would you set up a sting?
• If yes, how would you set the sting up?

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