Fraud is defined as “deceit, trickery, sharp practice, or breach of confidence, especially in order to gain unfair or unlawful advantage.” It is a crime that can be committed in many different ways, but it typically involves deception or misrepresentation. Fraud can have a serious impact on victims, both financially and emotionally. If you think you have been a victim of fraud, you should report it to the authorities immediately.
Definition: Payment and transaction fraud encompasses any deceptive or unauthorized activity designed to steal funds, goods, or personal information during a financial exchange. In our increasingly digital world, the convenience of online transactions comes with a […]