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7 May, 14:10

Jack is a crook with an honest face. People easily trust him. Jack works a scam in which he convinces the elderly to invest their life savings in a false company based on false annual reports of highly lucrative returns. He insists that the investment must be in cash to facilitate timely return on investment. Jack is guilty of a crime involving what

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  1. 7 May, 17:46
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    False Pretenses

    Explanation:

    From the question given, jack is involved in the crime called false pretenses. He receives money by which he mentions things that are not true.

    He brings out a false annual reports of profitable returns for a a non existing company or organisation. This representation is false with actual facts.
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