Meaning of “fraud” in the English Dictionary

"fraud" in American English

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fraudnoun

us /frɔd/

fraud noun (CRIME)

[ U ] the crime of obtaining money or property by deceiving people:

Convicted of tax fraud, he was sentenced to two years in prison.

fraud noun (FALSE PERSON/THING)

[ C ] a person or thing that is not what it claims or pretends to be:

He says he’s been everywhere and done everything, but I think he’s a fraud.

(Definition of “fraud” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"fraud" in Business English

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fraudnoun

uk /frɔːd/ us

[ C or U ] LAW the crime of getting money by tricking or deceiving people, or a crime of this type:

serious/massive fraud We only investigate when there are sufficient grounds for believing serious fraud has taken place.
The US Sentencing Commission has raised penalties for corporate fraud twice.
credit card/tax fraud He was charged for federal tax fraud.
bank/accounting fraud She pleaded guilty to conspiracy and bank fraud.
engage in/commit/perpetrate fraud It is said that they knowingly helped corporate executives commit fraud.

[ C ] something that is not what it appears to be and is deliberately used to deceive people, especially to get money:

What happens if the investment turns out to be a fraud?

[ C ] someone who deceives people, often to get money, by saying they are something they are not:

She believes her lawyer was a fraud.

(Definition of “fraud” from the Cambridge Business English Dictionary © Cambridge University Press)

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fraud

People need to understand that if they commit fraud they will be prosecuted, and that is not the case at the moment.
He has been fully briefed about the level of fraud and corruption here and is now fully acquainted with much of the detail published last month in .
Even though there was a slight decline in fraud and irregularities between 1997 and 1998, there is nonetheless still a need for more effective supervisory mechanisms.
The first strategic line of action consisting of comprehensive legislation to combat fraud includes legal provisions to prevent, detect and prosecute cases of fraud.
We are dealing here with three separate aspects: cruelty, consumer fraud and recently we discovered that these pelts are toxic as well.
Of course, we all agree that the starting point was to combat fraud, which something needs to be done about immediately.
If it can always be seen who has obtained what, fraud will be revealed by journalists and a critical public - perfectly free of charge and with far greater preventative effect.
Some of the points refer to dealing with so-called old cases, i.e. cases of irregularities or suspicion of fraud from previous years.
As far as we are concerned, combating fraud is more than a priority, it is a commitment we have to the people who elected us.
The export refund system is extremely complex and highly open to fraud, as it does not follow the most elementary rules of transparency.

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