fraud

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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 ?
Boston, for defrauding Dime in connection with a Chelsea real estate development.
Hale last week was sentenced to more than two years in prison for defrauding the SBA.
He is serving a consecutive 12-1/2-year federal sentence for looting Lincoln and defrauding American Continental bondholders.
The jury voted unanimously that Philip Morris concealed a material fact from Henley with the intent of defrauding her.
The jury yesterday voted unanimously that Philip Morris concealed a material fact from Henley with the intent of defrauding her.
as successor in interest to Vivra Incorporated ("VIVRA") for defrauding Medicare by submitting or causing to be submitted false or fraudulent claims for certain laboratory tests provided to patients with end stage renal disease.
Attorney Stern stated: "Peckham and Serafino are charged with defrauding their employer, Milton Bradley, and the Internal Revenue Service through a complicated scheme of hidden kickbacks, money laundering and tax fraud.
NASDAQ: GLIA) was accused of defrauding shareholders in a class-action lawsuit filed yesterday in the United States District Court for the Northern District of Ohio.
5 million in payroll taxes, penalties and interest which (i) understated the company's liabilities; (ii) inflated the company's net income; and (iii) bolstered the company's cash position by defrauding the Government of taxes owed to it.
With Defrauding Bay Meadows Operating Company and California Jockey Club Shareholders, which ran on Business Wire at 19:06 ET on 06/17/1999.