Criminal Fraud

Criminal fraud refers to intentional deception aimed at gaining something of value, such as money or property, from another person or entity. This can involve falsifying information, misrepresenting facts, or creating schemes to trick others. Common examples include identity theft, credit card fraud, and investment scams. The key element of fraud is the intent to deceive, which differentiates it from mistakes or misunderstandings. Victims of fraud often experience financial loss and a breach of trust, and perpetrators can face serious legal consequences, including fines and imprisonment.