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by Retric
5850 days ago
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It's both. Fraud applies to a wide range of things. In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual... The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain. http://en.wikipedia.org/wiki/Fraud Types of criminal fraud include: bait and switch ...
*false billing*
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