Fraud Act 2006

The Fraud Act 2006 is a UK law that criminalizes dishonest behaviors involving deception intended to gain unfair advantage or cause loss. It covers three main types of fraud: false representation, where someone lies or is misleading; failing to disclose information when legally required; and obtaining money or property through deception. The law aims to prevent and punish fraud activities, ensuring trust and integrity in transactions. Penalties can include fines and imprisonment, emphasizing the importance of honesty and transparency in dealings.