Scam & Fraud Defined:
· A scam or fraud is when someone intentionally misleads or tricks another for financial or other gain.
· The internet defines "scams" as a confidence trick.
· A scam or fraud is a business scheme, or misleading claims advertised for gain.
· A fraud is a deception practiced in order to secure profit unlawfully by an attempt to take advantage of someone.
· A fraud is a misrepresentation of something or someone, a cheat.
· A fraud or scam is a ploy to raise money.