Exam CFE - Investigation topic 1 question 159 discussion

Actual exam question from ACFE's CFE - Investigation

Question #: 159
Topic #: 1

Thea is conducting a fraud examination for a company and suspects one of the company's vendors (a one-person operation) of fraudulent billing. Thea wants to obtain a copy of the suspect individual’s credit report and personal data from a third-party information broker. If Thea works in a jurisdiction that regulates the distribution of personal credit information, she cannot obtain the suspect's personal credit data under any circumstances.

A. True
B. False

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Suggested Answer: B 🗳️

by vynyfulu at April 5, 2025, 12:57 p.m.

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_denw

6 days, 14 hours ago

Selected Answer: B

In regulated jurisdictions, a fraud examiner can obtain a suspect’s personal credit report and data if they have a permissible purpose—for example, conducting an internal fraud investigation—and if the subject provides written consent. Consumer credit laws typically allow access for defined purposes (e.g., employment screening, fraud detection, legal action) when accompanied by proper authorization .

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