Fraud Flashcards
1
Q
What is fraud?
A
Act of deception for personal gain or to cause loss to another party
2
Q
What is white collar crime?
A
Crime committed by a person of respectability and high social status
3
Q
Fraud legislation
A
Fraud Act 2006
Bribery Act 2010
4
Q
3 main ways of committing fraud as stated in the Fraud Act 2006
A
False representation
Failing to disclose information
Abuse of position
5
Q
Fraud - type of offence
A
Either way
6
Q
Fraud - MAP
A
Material, assets, people
