What was one fraudulent strategy that speculators engaged in to meet the requirements of the homestead act?

Social Studies

1 answer:

natka813 [3]1 year ago

3 0

One dishonest tactic that traders employed was building tiny structures on the land to meet the requirements.

<h3>What do you understand by Fraudulent strategy?</h3>

Implementing a plan to identify fraudulent transactions or banking operations and stop them from harming the client and the financial institution's finances or reputation is known as fraud prevention (FI). Fraud is a broad legal word that describes circumstances in which someone purposefully acts dishonestly to gain something from another person, company, or institution. Fraud almost always aims to make money or obtain a financial advantage. However, that isn't the only reason someone might try to cheat you or your company.

Disbursements that are fraudulently made may be the result of billing fraud, procurement fraud, check theft, payroll fraud, "ghost employee" fraud, and expense reimbursement fraud. Fraudulent disbursements - These schemes may involve billing or purchase.

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