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Business, 06.05.2020 07:22 Bassoonist

Bill James is being investigated for embezzling over $700,000 from ABC Capital Management, for whom Bill has worked for nearly 10 years. When co-workers noticed the new "toys" Bill was buying, they jokingly asked him to tell them his stock picks as they wanted in too! Bill told them that they better adopt some rich relatives. "My Uncle Eddie didn't have any kids, so he left a chunk of his money to each of his nephews." As a fraud expert, you would perform net worth calculations to assess the validity of Bill's claim of a recent inheritance. a. True b. False

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