INTHEBLACK September 2024 special edition - Flipbook - Page 55
5. Which company did Canadian ChangPeng
Zhao – known as CZ – lead as CEO before
stepping down, pleading guilty to money
laundering and agreeing to pay US$4.3 billion
(A$6.34 billion) in fines in the US in 2023?
A. Coinbase
B. Kraken
C. Binance
D. OKX
6. John Lo FCPA, CFO of Tencent in Hong Kong,
one of the largest technology companies
in the world, earned his undergraduate
degree from:
A. Curtin University
B. Monash University
C. University of Hong Kong
D. James Cook University
7.
Who chairs CPA Australia’s Ethics and
Professional Standards Centre of Excellence?
A. Dr Gerard Ilott FCPA
B. Brendan O’Connell FCPA
C. Anju De Alwis FCPA
D. Wayne Stokes FCPA
8. Who was the CFO of WorldCom during the
accounting scandal leading to the company’s
bankruptcy in 2002?
A. Jeffrey Skilling
B. Andrew Fastow
C. Scott Sullivan
D. David Duncan
9. Thai accountant and CFO Chamanun
Phetporee ended up behind bars after
embezzling 6.22 billion baht (A$254 million)
in 2019–2020. Why did she embezzle?
A. She had fallen victim to a romance scam.
B. She was running a Ponzi scheme.
C. She was committing invoice fraud.
D. She was trying to cover debts incurred
through a gambling addiction.
10. American ex-stockbroker Jordan Belfort,
better known as the “Wolf of Wall Street”,
spent 22 months in prison from April 2006.
What was Belfort’s primary illegal activity?
A. Insider trading
B. Ponzi scheme
C. Pump-and-dump schemes
D. Money laundering
11. Malaysia-based accountant Jit Cheng Lim CPA
is also known for:
A. His commitment to saving the reefs through
his work with Reef Check Malaysia
B. Over 20 years of service at KPMG Malaysia
C. Being a trained “EcoDiver”
D. All of the above
12. Which co-founder and CEO of collapsed
cryptocurrency exchange FTX was jailed for
fraud in 2023?
A. John J. Ray III
B. Caroline Ellison
C. Gary Wang
D. Sam Bankman-Fried
13. Pioneering forensic accountant Frank J.
Wilson helped bring Al Capone to justice by:
A. Uncovering hidden assets in foreign bank
accounts
B. Building a case based on Capone’s
involvement in violent crimes
C. Using forensic accounting to reveal
discrepancies in Capone’s financial records
D. Obtaining confessions from Capone’s
associates through immunity deals
14. Bernie Madoff was the mastermind behind
the largest and most famous Ponzi scheme in
history, but who was his CFO?
A. Mark Madoff
B. Frank DiPascali
C. David Friehling
D. Joann Crupi
15. Whistleblower Sherron Watkins is known for
her role in exposing financial wrongdoing at
which company?
A. WorldCom
B. Enron
C. Lehman Brothers
D. Tyco International
16. Which unlikely American public figure made
headlines when she was jailed for insider
trading in 2004?
A. Betty White
B. Martha Stewart
C. Oprah Winfrey
D. Sandra Bullock
Check your answers
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