Final answer:
The two basic fraudulent register disbursement schemes are skimming and cash larceny. Skimming involves taking unrecorded sales while cash larceny is when recorded cash is stolen. Identity theft, such as true-name fraud, leads to financial and trust losses for victims.
Step-by-step explanation:
The two basic fraudulent register disbursement schemes in question are skimming and cash larceny schemes. These involve the theft of money from a business before it has been recorded on the business’s books and records. Skimming occurs when an employee makes a sale but does not record it, pocketing the cash instead. Cash larceny is the theft of money that has already appeared in the records. In contrast, fraudulent schemes such as identity theft involve stealing someone’s personal information to access their financial resources. True-name fraud, a form of identity theft, can lead to drained savings accounts and huge credit card debts.
Victims of identity theft often suffer financial losses and lose trust in institutions such as banks and the government. Additionally, data breaches caused by such theft can lead to national security concerns, power shutdowns, and election interference, which can be costly and create chaos.
In a retail scenario, where a cashier’s drawer repeatedly comes up short, they might be suspected of theft. If this were due to skimming or cash larceny, the employee would have taken the cash directly. Dealing with the label of a thief requires the employee to either provide an explanation or face the consequences if they are indeed responsible for the missing funds.