See Also: Fraud(law)
fraud(dictionary)
fraud(medicine)
fraud(dictionary)
Fraud(finance)
fraud(encyclopedia)
Fraud(money)
Tight money or dear money(finance)
COVIN, fraud(law)
Securities Fraud(law)

Fraud (money)


Definition: In commercial finance, fraud occurs when a business presents financial statements, invoices, chattel paper, or other purported documentation/collateral which is fictitious, forged, or otherwise spuriDefinition: ous.