Fraud is the intentional deception of another that results in financial gain for the perpetrator of the crime
Fraud is the intentional act of deception through false words and misleading conduct to obtain from another money or property by deceit, trick, misrepresentation, and other forms of dishonest behavior.
Most acts of fraud are felonies. Criminal fraud is commonly perpetrated against the aged and infirm.
The DOJ lists the most common areas of fraud today:
- Consumer Fraud
- Identity Theft
- Health Care Fraud
- Cyber Fraud
- Securities Fraud
Fraud is actionable under criminal and civil statutes. Civil fraud does not include the punishment of incarceration or fines. Criminal fraud often results in both.
