FRAUD

Etymology

The word 'fraud' originates from the Latin word 'fraudare', meaning 'to cheat'.

Definition

Fraud is an intentional act of deceit, trickery, or dishonesty aimed at deceiving others for personal gain or advantage. It involves deliberate deception, usually for financial gain, through deceitful practices.

Historical Context

Fraud has been a prevalent issue throughout history, with various forms evolving over time. From ancient times to modern society, fraud has been a crime that undermines trust and integrity.

Cultural Significance

Fraud is often portrayed in literature, art, and media as a heinous act that can have severe consequences. It is a subject of legal and ethical importance in many cultures.

Related Concepts

Fraud is closely related to concepts such as deception, embezzlement, forgery, and identity theft. It is a complex issue that intersects with various aspects of law and ethics.

See Also

• Deception
• White-collar crime
• Scam
• Ponzi scheme