A fake automated teller slot used to commit bank fraud upon bank patrons In law, fraud is intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to thwart the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and .../GettyImages-182877930_1800-e1c89615434a4b2cbde88fc1a1ff2611.png)
Fraud is an intentional act of deceit designed to reward the perpetrator or to deny the rights of a victim. Some of the most common types of fraud involve the insurance industry, the stock...
“Fraud” is any activity that relies on deception in order to achieve a gain. Fraud becomes a crime when it is a “knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment” (Black’s Law Dictionary).