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Fraud

Fraud is deliberately deceiving someone else with the intent of causing damage. This damage need not be physical damage, in fact, it is often financial. There are many different types of fraud, for example bankruptcy fraud, credit card fraud, and healthcare fraud. The precise legal definition of fraud varies by jurisdiction and by the specific fraud offense.

Definition from Nolo’s Plain-English Law Dictionary

Intentionally deceiving someone and causing that person to suffer a loss. Fraud includes lies and half-truths, such as selling a car that is a lemon and claiming "she runs like a dream." Or, failing to point out a mistake in a contract, such as a survey that shows ten acres of land being purchased and not 20 as originally understood. Fraud can be the basis of a civil lawsuit for damages and for prosecution as a crime.

Definition provided by Nolo’s Plain-English Law Dictionary.

August 19, 2010, 5:16 pm