If you’re accused of fraud, it means you have delivered a false representation by conduct or words. Any misleading or blatantly false accusations or concealment of facts that should’ve been disclosed can also be considered fraud. Fraud happens every day, and sometimes it occurs unintentionally. However, when fraud is committed with the intent to deceive someone, it is fraud.

What is Fraud?

Fraud is considered a white collar crime. To be considered a criminal, a fraudulent act must relate to a material fact, and a defendant must have known it was false. A material fact is essential to a fraud charge. Examples of material facts include descriptions of property or items, or a certain guarantee about items or property.
Fraud is defined as deliberate deception committed to secure improper benefit or gain. Fraud can result in criminal charges and civil lawsuits. Criminal fraud can be punishable by substantial fines and time in prison. In most cases, a person accused of fraud receives valuables or money from an individual or group, but fraud can also relate to receiving benefits with stolen money or valuables.