What is Fraud?

inworx · 03-12-2007

In the broadest sense, a fraud is a deception made for personal gain. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and is also a civil law violation. Many hoaxes are fraudulent, although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type of fraud, but there have also been many fraudulent "discoveries" in art, archaeology, and science. The John Cooke Fraud Report offers a three word fraud definition: "Gain Through Misrepresentation."

This information was retrieved from Wikipedia - The Free Online Encyclopedia

vinodkv · 03-13-2007

simply, "A deception deliberately practiced in order to secure unfair or unlawful gain".

vinodkv

mercury2k5 · 03-13-2007

Fraud is a deliberate misrepresentation which causes another person to suffer damages, usually monetary losses. Most people consider the act of lying to be fraud, but in a legal sense lying is only one small element of actual fraud.

friend123 · 03-14-2007

A fraud is an intentional deception perpetrated to secure an unfair gain. Financial fraud, that is, a deception practiced on another party to cheat them out of money, is the most commonly discussed type of fraud. The term "research fraud" or "scientific fraud" is also used to mean an intentional deception about scientific results, a type of research misconduct. ...

david · 03-19-2007

An intentional perversion of truth; deceitful practice or device resorted to with intent to deprive another of property or other right.

**rant** · 03-19-2007

Fraud is a bad juju..

Some example of frauds are phishing and spoofing. Using other company's good name to get information from you and get funds from your account, etc. It is also what we call the different scams that can benefit only themselves, may it be online or in our everyday life.

joecool6101 · 04-03-2007

Fraudulent conversion and obtaining money or property by false pretenses. Included are confidence games and bad checks, except forgeries and counterfeiting.

aspire · 06-21-2007

Any activity conducted against the benefit of the parties involved would qualify as a fraud.

03-12-2007	#1 (permalink)
inworx Senior Member Join Date: Mar 2007 Posts: 160 Rep Power: 2	What is Fraud? In the broadest sense, a fraud is a deception made for personal gain. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and is also a civil law violation. Many hoaxes are fraudulent, although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type of fraud, but there have also been many fraudulent "discoveries" in art, archaeology, and science. The John Cooke Fraud Report offers a three word fraud definition: "Gain Through Misrepresentation." This information was retrieved from Wikipedia - The Free Online Encyclopedia

03-13-2007	#3 (permalink)
mercury2k5 Junior Member Join Date: Mar 2007 Posts: 12 Rep Power: 0	hi Fraud is a deliberate misrepresentation which causes another person to suffer damages, usually monetary losses. Most people consider the act of lying to be fraud, but in a legal sense lying is only one small element of actual fraud.

03-14-2007	#4 (permalink)
friend123 Junior Member Join Date: Mar 2007 Posts: 10 Rep Power: 0	hey A fraud is an intentional deception perpetrated to secure an unfair gain. Financial fraud, that is, a deception practiced on another party to cheat them out of money, is the most commonly discussed type of fraud. The term "research fraud" or "scientific fraud" is also used to mean an intentional deception about scientific results, a type of research misconduct. ...

04-03-2007	#7 (permalink)
joecool6101 Senior Member Join Date: Mar 2007 Location: On, Canada Posts: 250 Rep Power: 2	Fraudulent conversion and obtaining money or property by false pretenses. Included are confidence games and bad checks, except forgeries and counterfeiting. __________________ Gamer Forums \| Free Flash Games \| Free File Uploads

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03-13-2007	#2 (permalink)
vinodkv Junior Member Join Date: Mar 2007 Posts: 7 Rep Power: 0	simply, "A deception deliberately practiced in order to secure unfair or unlawful gain". vinodkv

03-19-2007	#5 (permalink)
david Member Join Date: Mar 2007 Posts: 33 Rep Power: 0	An intentional perversion of truth; deceitful practice or device resorted to with intent to deprive another of property or other right.

03-19-2007	#6 (permalink)
rant Banned Join Date: Mar 2007 Posts: 106 Rep Power: 0	Fraud is a bad juju.. Some example of frauds are phishing and spoofing. Using other company's good name to get information from you and get funds from your account, etc. It is also what we call the different scams that can benefit only themselves, may it be online or in our everyday life.

06-21-2007	#8 (permalink)
aspire Senior Member Join Date: Jun 2007 Posts: 106 Rep Power: 2	Any activity conducted against the benefit of the parties involved would qualify as a fraud.

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