What is fraud?

Posted on August 13, 2012

In the UK, the statutory definition is set out in the Fraud Act 2006.

It consists of the following offences:

  1. Fraud by false representation;
  2. Fraud by failing to disclose information;
  3. Fraud by abuse of position.

These offences carry prison sentences of up to 10 years or a fine or both.

Posted in: Uncategorized