True or False: Was he referred to as "Savior of Europe"?
What is True.
100
In what country did Kruegar & Toll open their business?
What is Sweden.
100
Name one of the two auditors who were involved in the Kreuger & Toll fraud?
What is Ernst & Ernst or Price Waterhouse & Co.
200
What two acts were created around the time of this fraud?
What are the Federal Reserve Act of 1913 and the Clayton Antitrust Act of 1914.
200
How did Ivar die?
What is he committed suicide.
200
How did Ivan help his father secure business deals?
What is Ivan had an amazing memory that allowed him to rattle of statistics and facts.
200
What were Kreguer's true earnings from 1918 through 1932?
What is $40 million.
300
What president acted swiftly to stop future accounting frauds?
Who is President Franklin D. Roosevelt.
300
After his death, how many purported assets could not be located?
What is $115 million.
300
What did Ivan help construct at Syracuse University?
What is a football stadium.
300
From the fraud triangle, what was the pressure in this fraud?
What is he needed more money to keep the ponzi scheme going and to not get caught.
400
Name four of the "big eight" accounting firms?
What are
Price Waterhouse & Co.
Haskins & Sells
Ernst & Ernst
Peat Marwick Mitchell & Co.
Arthur Young & Co.
Lybrand Ross Bros. & Montgomery
Touche Niven & Co.
Arthur Andersen & Co.
400
How did Ivar make his money?
What is he made his money selling matches for one half penny per box.
400
Why did Ivan leave the construction field?
What is Ivan wanted to devote his full attention to his father's math factories.
400
From the fraud triangle, what is the opportunity in this fraud?
What is there were no controls and it was easy to get away with.
500
Professor Ripley called the behavior of whom "scandalous prostitution"?
What is State's Behavior, because they were being too eager to collect corporate registration fees and tried to offer the best deals.
500
How much money did Ivar's largest fraud involve?
What is $140 million of forged bonds.
500
What degree did Ivan Kruegar obtained from Tekniska Hogskolen in Stockhom?
What is civil engineering.
500
From the fraud triangle, what is the rationalization in this fraud?
What is it was my company I am in control and can do what I want.