fraud

(redirected from False accounting)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

fraud

[frôd]
Etymology: L, fraudare, to cheat
(in law) the act of intentionally misleading or deceiving another person by any means so as to cause him or her legal injury, usually the loss of something valuable or the surrender of a legal right resulting from the action of that person on the misrepresentation.

fraud

Managed care The intentional misrepresentation or deception resulting in payment(s) for services not rendered or payment above that normally paid. See Medicaid fraud, Medicare fraud Patient care Dishonest practice; breach of confidence. See AIDS fraud, Health fraud. Cf Misrepresentation.

fraud

(frawd)
An act of deliberate deception performed to acquire an unlawful benefit, such as the improper coding of health services in a claim for payment.

fraud

(frawd)
An act of deliberate deception performed to acquire an unlawful benefit.

fraud,

n an intentional perversion of truth for the purpose of inducing another, in reliance on it, to part with something valuable or to surrender a legal right; deliberate deception; deceit; trickery.
References in periodicals archive ?
He asked for 234 other counts of false accounting to be taken into consideration.
Judge Niclas Parry was told by prosecuting barrister John Philpotts that for the purpose of sentence the agreed figure involved in the false accounting was PS5,000, and she was bailed pending sentence today.
Atkinson was convicted of 17 counts of false accounting, involving 91 fraudulent claims to the NHS, totalling pounds 20,269.
Ex-Tory peer Lord Taylor of Warwick goes on trial today over six false accounting charges, which he denies.
The Tory peer, whose full name is John David Beckett Taylor, has been summonsed to face six charges of false accounting.
Cardiff Magistrates' Court after earlier pleading guilty to five accounts of false accounting and furnishing information.
She admitted 16 counts of false accounting, fraud and deception involving pounds 40,000.
She admitted five counts of false accounting between May 1997 and July 1999 and one charge of dishonestly retaining wrongful credit between December 2004 and August 1997.
Kaye, of Avenue Road, Erdington, pleaded guilty last November to seven charges of theft and three of false accounting between February 1998 and May 2001 while he worked with a partner at Nevills of Bolebridge Street, Tamworth.
After a heated debate in which two senators traded nasty insults and nearly came to blows, the upper house on Friday passed the so-called "company law", which largely decriminalises false accounting.
According to the complaint, the true facts, which were known to defendants based upon their access to and/or review of internal GMH corporate data during the Class Period, include: (a) that the Company lacked the requisite internal controls necessary to make its financial reporting accurate; (b) that the Company had no reasonable basis for its projections for fiscal 2004 and 2005 (as well as interim periods); (c) that the Company's financial results were the product of false accounting entries made to inflate the Company's results and stock price; and (d) that, as a result, the Company's reported financial results were misleading and in violation of Generally Accepted Accounting Principles ("GAAP").
A FORMER bus company employee has admitted false accounting involving claim forms to cause Gwynedd council to suffer a loss.