Fraud is a term used to describe intentional deception for financial gain or personal profit. It can take many forms, including identity theft, financial scams, and false advertising. Fraud is considered a criminal offense in most jurisdictions, and perpetrators can face significant legal consequences if caught.
Here are 10 sentences to clarify the meaning of “fraud”:
- The company’s accounting fraud resulted in significant financial losses for investors.
- The scam artist promised to double people’s money but instead stole it through a fraudulent investment scheme.
- The bank employee was caught committing fraud by embezzling funds from customer accounts.
- The insurance company refused to pay the claim, citing evidence of fraud on the part of the claimant.
- The government agency uncovered widespread fraud in the issuance of licenses to drivers.
- The online retailer was sued for fraud for falsely advertising the quality of their products.
- The charity organization was accused of fraud for misusing donations for personal expenses.
- The credit card company alerted the customer of potential fraud on their account due to unauthorized charges.
- The artist was found guilty of fraud for selling counterfeit paintings as original works.
- The athlete was banned from competition for doping, a form of fraud in sports.
Synonyms:
Antonyms:
- Honesty
- Truthfulness
- Integrity
- Sincerity
- Authenticity
- Legitimacy
- Validity
- Reality
- Trustworthiness
- Reliability
Related Words:
- Forgery
- Embezzlement
- Identity theft
- Money laundering
- Ponzi scheme
- Insider trading
- False advertising
- Cybercrime
- Bribery
- Corruption
Phrasal Verbs:
- Commit fraud
- Defraud someone
- Uncover fraud
- Investigate fraud
- Prosecute for fraud
Idioms:
- Pull a fast one
- Smoke and mirrors
- A wolf in sheep’s clothing
- Con artist
- White-collar crime
