What Is Fraud? — A Simple Question with Serious ConsequencesWhat Is Fraud? — A Simple Question with Serious ConsequencesWhat Is Fraud? — A Simple Question with Serious ConsequencesWhat Is Fraud? — A Simple Question with Serious Consequences
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            Published by Fraud Advisory Panel on May 30, 2023
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            • Business Fraud Watch
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            Fraud can take many forms—financial deception, identity theft, online scams, false representation—and its impacts ripple far beyond the immediate victim. But what do we really mean when we talk about fraud?

            In this short video explainer, we break down the concept of fraud into clear, everyday language. Whether it’s someone misusing public funds, a business manipulating financial data, or a criminal posing as a trusted entity online, fraud thrives when trust is exploited for personal gain.

            Watch the video to learn:

            • How fraud is defined in legal and practical terms
            • Common types of fraud in everyday life
            • Why fraud matters—and who it hurts
            • What we can do to spot it and stop it

            Fraud isn’t just a white-collar issue—it affects individuals, families, businesses, and communities. Understanding what it is is the first step toward building a culture of prevention and accountability.

            Watch now to stay informed and help create a fraud-aware society.

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