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Fraud
Part I of Essay
What is a ? A is when one party deceives or takes unfair
advantage of another. A includes any act, omission, or concealment,
involving a breach of legal or equitable duty or trust, which results in
disadvantage or injury to another. In a court of law it is necessary to pr .... Part II of Essay .... common reason. A desperate financial need is usually the cause of most
frauds. Still some people commit fraud to pay for an elevated life style which
other wise they could not afford. Needs arise from a number of locations these
include: Drug or alcohol addiction, Marriage break-ups and/of extravagant love
affairs, Gambling Debts, Business losses, Unexpected family crises, Mounting
debts, and the desire to live a lifestyle far beyond ones means.
Fraud is costing society several hundred billion a year. Organizations
loose close to 6 pe ....
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Words: 1478 - Pages: 6
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