n Management Today - Fraud in business : an expensive hobby

Volume 25, Issue 2
  • ISSN : 1027-4324



Fraud is a deliberate misrepresentation of evidence which causes another person or organisation to suffer damages, usually monetary losses. There are at least as many types of fraud as there are types of people who commit it. Fraud costs the economy an enormous amount. Fraud happens when somebody uses deception to obtain goods, services or money.

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