Question

Which of the following scenarios is an example of Diversion of Funds rather than Siphoning of Funds?

A Transferring loan funds to shell companies created solely to layer money
B Purchasing personal luxury real estate in foreign countries using company loan proceeds
C Utilizing a short-term working capital limit to buy long-term fixed assets for the company’s manufacturing unit
D Wiring funds to untraceable offshore accounts with no business justification
E Falsifying vendor invoices to funnel money into the personal account of a promoter
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