fraud
Sign in to savethumb|right|200px|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 imprisoned by governmental authorities), or it may be an element of another civil or criminal wrong despite itself causing no loss of money, property, or legal right. The purpose of fra
AI overview
Fraud is when someone intentionally deceives another person to unfairly take away their money, property, or legal rights. It matters because it's illegal under both civil and criminal law, meaning victims can sue for compensation and perpetrators can face prosecution and imprisonment.
AI-generated from the Wikipedia summary — may contain errors.
Article
29 sectionsContents
- Terminology
- Civil law
- Criminal law
- Types of fraud
- Internal fraud
- Commodities fraud
- Detection
- Cost
- By region
- Asia
- China
- India
- Philippines
- Europe
- United Kingdom
- Statistics
- Scotland
- North America
- Canada
- United States
- Criminal fraud
- Civil fraud
- Anti-fraud provisioning
- Statistics
- Further reading
- See also
- References
- Further reading
- External links
thumb|right|200px|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 imprisoned by governmental authorities), or it may be an element of another civil or criminal wrong despite itself causing no loss of money, property, or legal right. The purpose of fraud may be monetary gain or other benefits, such as obtaining a passport, travel document, or driver's licence. In cases of mortgage fraud, the perpetrator attempts to qualify for a mortgage by way of false statements.
== Terminology ==