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Who knew corruption was a form of fraud?
Yes, corruption is fraud. Corruption exists when an individual or group intentionally acts dishonestly, resulting in another suffering a loss. There are several different forms of corruption, each fascinating in its way. Corruption, like all fraud, is not a victimless crime. Although we often think of corruption in relation to politicians, it can be committed
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What is Consumer Fraud?
The second fraud category is one we often hear about Consumer fraud. Individuals are more likely to be the targets of consumer fraud, although businesses are not immune. Consumer frauds often target older adults, youth, and individuals who do not natively speak the language. Predatory fraudsters commit consumer fraud. These criminals are driven by opportunity,
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What kinds of fraud are there?
There are more fraud schemes than you can imagine, as fraudsters constantly think up new angles and find new targets. There are fourteen different categories of fraud. Some we know well, like cyberfraud and identity theft. Other lesser-known types of fraud are corruption, financial institution fraud, and healthcare fraud. In the following posts, I will