Causes of advance fee fraud and embezzlement

It is a fraudulent act of taking money from another person without supplying the good or providing the services to the victim,it is also known as 419 in Nigeria

Cause of advance fee fraud

love of money

Greed

covetousness

EMBEZZLEMENT

This is the act of diverting public ,employer’s or a group of people;e fund for personal use,it is an act of corruption

Effects on the society;;

inadequate funds for projects

badly handled projects

failure in government projects

bad economy

suffering on the part of the masses

poverty

CLASSWORK

State two effects of advance fee fraud on the society

explain embezzlement

ASSIGNMENT

Explain cultism