Fraud

In law, fraud is intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate civil law or criminal law, or it may be an element of another civil or criminal wrong despite itself causing no loss of money, property, or legal right. The purpose of fraud may be monetary gain or other benefits, such as obtaining a passport, travel document, or driver's licence.

In cases of mortgage fraud, the perpetrator attempts to qualify for a mortgage by way of false statements.

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Source: Wikipedia · Image: Wikimedia Commons · Public domain

ENGPAY

Payments, explained — digital wallets, gateways and merchant tech, plus handy everyday calculators.

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