fraud


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Related to fraud: fraudulently, identity theft, fraudsters

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 ?
Investigations of county employee fraud have surged from 340 in 2000 to 583 in 2005 amid increased calls to a county fraud hotline.
As the world has seen, fraud and corruption can endanger our very lives:
The government addresses allegations of fraud or misconduct in the health care system in a variety of ways.
Fraud is getting much more focus in companies today, however, because of the increasing and stringent expectation that internal controls should be structured precisely to avoid or detect fraud.
Revenue Recognition: Guidance, Implementation, and Fraud Concerns (No.
In securities fraud cases, federal prosecutors at present must use statutes relating to mail and wire charges that carry maximum penalties of only five years' imprisonment and require prosecutors to directly link the securities fraud to the use of mail or interstate telephony to carry out the fraud.
Additionally, several of the Big Six accounting firms conduct periodic fraud surveys to determine the current white-collar crime climate and future potential for fraud throughout various industries.
Few states have quantified how much they lose every year to premium fraud, but the Los Angeles County district attorney's office, which has recently made prosecuting these kinds of fraud cases a priority, estimates that California residents lose about $240 million every year to premium fraud.
Last year Travelers researched a total of 10,370 cases and found 1,886 incidents of suspected fraud.
a key employee, controlling shareholder, officer or director) causes the corporation to commit a fraud, the IRS will often assert tax fraud against the corporation.
Weiman is a frequent speaker and educator on paid search topics, including click fraud and best practices for developing and managing paid search campaigns.