Law

About Fraud

About Fraud

In law, fraud is deliberate deception to safe unfair or unlawful gain. Fraud is both a civil wrong and a criminal wrong. The purpose of fraud may be monetary gain or other benefits, such as obtaining a drivers license by way of false statements. Fraud generally defined is merely a crime in which someone is deceived by a material misrepresentation, resulting in several kind of injury. There are, however, several significant legal distinctions separating fraud from simply lying.