What Is Racketeering?

By jamie

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9. Fraud

Fraud is defined as acquiring personal or financial gain through deceptive means. It often means tricking other people into handing over money or other valuables, but the one giving ultimately ends up receiving nothing in return, or somebody else ends up having to repay the debt.

Credit card fraud is one of the most common methods of fraud, while others might forge checks and/or other potentially valuable documents. In some instances, politicians might try and commit electoral fraud to help give them an advantage over the opposition. A lot of people committing fraud will get away with it, although many are eventually caught.

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