fraud Flashcards
1
Q
what is fraud
A
refers to the decieving of others for unfair beneifts or deny rights
2
Q
types of fraud
A
-tax fraud
-embezzelment
-identity theft
3
Q
what is tax fraud
A
-willingly and intentionally not providing information on tax return
4
Q
what is embezzelment
A
-somone takes money or assests that were left for them and they use it for another purpose
5
Q
what is identity theft
A
-stealing somones identity for money
6
Q
what is money laundering
A
-keeping illgeal money in regular stores like mattress stores, using it all up for people not to get suspsiious
7
Q
Mens Rea
A
-intention
-willful blindness
-recklessness
-criminal negligence
7
Q
A
