• Examples
  • Some examples of the return fraud and abuse problems include: Wardrobing or renting: Purchasing merchandise for short-term use with the intent to return the item, such as a dress for a special occasion, a video camera for graduations and weddings or a big-screen television for the Super Bowl. (wikipedia.org)
  • The Columbia/HCA fraud case is one of the largest examples of Medicare fraud in U.S. history. (wikipedia.org)
  • Examples of accounting frauds: Enron and WorldCom and Ocala Funding. (wikipedia.org)
  • fictitious
  • Résumé fraud or application fraud refers to any act that involves intentionally providing fictitious, exaggerated, or otherwise misleading information on a job application or résumé in hopes of persuading a potential employer to hire an applicant for a job for which they may be unqualified or less qualified than other applicants. (wikipedia.org)
  • Address fraud is a type of fraud in which the perpetrator uses an inaccurate or fictitious address in order to gain money or some other benefit or service to which s/he is not legally entitled, to commit some form of theft, or to hide one's location from authorities. (wikipedia.org)
  • Charity fraud not only includes fictitious charities but also deceitful business acts. (wikipedia.org)
  • Several haredi yeshivas have been engaging in fraud by enrolling fictitious students in order to receive the living stipends for full-time Torah students. (wikipedia.org)
  • fraudsters
  • Traditional modeling and tuning of rules-based systems - while effective at detecting known and recurring patterns of fraud - often return exceptionally high numbers of false positive alerts, mistakenly flag legitimate behaviors as suspicious, and more importantly, are exploited by fraudsters as they learn the rules and how to circumvent them. (sas.com)
  • Friendly fraud thrives in the digital products market where it is much easier for fraudsters to succeed. (wikipedia.org)
  • Insurance companies are also susceptible to fraud because it's possible for fraudsters to file claims for damages that never occurred. (wikipedia.org)
  • Fraudsters have altered cheques to change the name (in order to deposit cheques intended for payment to someone else) or the amount on the face of cheques, simple altering can change $100.00 into $100,000.00, although transactions of this value are subject to investigation as a precaution to prevent fraud as policy. (wikipedia.org)
  • detect
  • There is no consensus on what constitutes election fraud, let alone how to detect and deter it. (brookings.edu)
  • This white paper explains how organizations can implement the tools and methods to detect and combat emerging fraud methods. (sas.com)
  • There is growing pressure from government bodies and international trade associations for new approaches to detect, prevent and punish customs fraud. (sas.com)
  • Big banking companies such as PayPal is actively adopting this approach to more effectively detect fraud cases. (lynda.com)
  • Separately, automated solutions have also been developed to help combat return fraud and abuse, including software programs that detect such behavior and help retailers determine whether a return is valid. (wikipedia.org)
  • Disability fraud can be harder to detect than other forms of fraud, as the majority of people receiving disability payments (at least 90%) do not use a wheelchair or walker, while at the same time, many people who need wheelchairs would not qualify for disability payments. (wikipedia.org)
  • electoral
  • The taking such measures, in order to secure their fair right of voting to the electors in a particular interest, must be considered rather as an act of official favouritism, than as an electoral fraud . (wiktionary.org)
  • He has saddled the finances of the Principality with the costs of a huge electoral fraud . (wiktionary.org)
  • In addition to the strength of the Social Democratic candidates, I also examined the relationship between other political factors and the incidence of electoral fraud . (wiktionary.org)
  • Yet election fraud and, more broadly, electoral manipulation remain remarkably understudied concepts. (brookings.edu)
  • E lection Fraud: Detecting and Deterring Electoral Manipulation brings together experts on election law, election administration, and U.S. and comparative politics to address these critical issues. (brookings.edu)
  • Electoral fraud, election manipulation, or vote rigging is illegal interference with the process of an election, whether by increasing the vote share of the favored candidate, depressing the vote share of the rival candidates, or both. (wikipedia.org)
  • What constitutes electoral fraud varies from country to country. (wikipedia.org)
  • Many kinds of election fraud are outlawed in electoral legislation, but others are in violation of general laws, such as those banning assault, harassment or libel. (wikipedia.org)
  • Although technically the term 'electoral fraud' covers only those acts which are illegal, the term is sometimes used to describe acts which are legal, but considered morally unacceptable, outside the spirit of an election or in violation of the principles of democracy. (wikipedia.org)
  • Show elections, in which there is only one candidate, are sometimes classified as electoral fraud, although they may comply with the law and are presented more as referendums. (wikipedia.org)
  • In national elections, successful electoral fraud can have the effect of a coup d'état or corruption of democracy. (wikipedia.org)
  • A list of threats to voting systems, or electoral fraud methods considered as sabotage, is kept by the National Institute of Standards and Technology and[clarification needed] is considered sabotage of the highest degree. (wikipedia.org)
  • Electoral fraud can occur in advance of voting if the composition of the electorate is altered. (wikipedia.org)
  • misrepresentation
  • While the precise definitions and requirements of proof vary among jurisdictions, the requisite elements of fraud as a tort generally are the intentional misrepresentation or concealment of an important fact upon which the victim is meant to rely, and in fact does rely, to the harm of the victim. (wikipedia.org)
  • In the retailing of wine, as wine is comparable with any other commodity, the term "wine fraud" can be used to describe the mis-selling of wine (either as an investment or in its deceitful misrepresentation) in general. (wikipedia.org)
  • Eventually the concern over wine fraud grew enough that provisions against the adulteration and misrepresentation of wine was included in British Parliament's Adulteration of Food and Drink Act 1860. (wikipedia.org)
  • In essence, the intent of the U.S. Congress in passing the Sarbanes Oxley Act was attempting to proactively deter financial misrepresentation (Fraud) in order to ensure more accurate financial reporting to increase investor confidence. (wikipedia.org)
  • 2016
  • Fraud is a 2016 conceptual documentary film directed by Dean Fleischer-Camp. (wikipedia.org)
  • Business and economics portal Criminal justice portal Claude Allen, assistant to U.S. President George W. Bush who resigned after being arrested for return fraud Larson, Aaron (20 May 2016). (wikipedia.org)
  • A criminal network engaging in welfare fraud was revealed in 2016. (wikipedia.org)
  • perpetrator
  • Fraud itself can be a civil wrong (i.e., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation), a criminal wrong (i.e., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities) or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong. (wikipedia.org)
  • That difficulty is found, for instance, in that each and every one of the elements of fraud must be proven, that the elements include proving the states of mind of the perpetrator and the victim, and that some jurisdictions require the victim to prove fraud by clear and convincing evidence. (wikipedia.org)
  • The requisite elements of perhaps most general form of criminal fraud, theft by false pretense, are the intentional deception of a victim by false representation or pretense with the intent of persuading the victim to part with property and with the victim parting with property in reliance on the representation or pretense and with the perpetrator intending to keep the property from the victim. (wikipedia.org)
  • Misconduct
  • The remedies for fraud may include rescission (i.e., reversal) of a fraudulently obtained agreement or transaction, the recovery of a monetary award to compensate for the harm caused, punitive damages to punish or deter the misconduct, and possibly others. (wikipedia.org)
  • 2017
  • The journal Science reported in 2017 that fraud is rife in Chinese academia, resulting in numerous article retractions and harm to China's international prestige. (wikipedia.org)
  • Faith
  • A pious fraud can be counterfeiting a miracle or falsely attributing a sacred text to a biblical figure due to the belief that the "end justifies the means", in this case the end of increasing faith by whatever means available. (wikipedia.org)
  • Faith healing Noble lie Pious fiction Religious fraud William Howells, 1962. (wikipedia.org)
  • He is available to provide advice and counsel concerning insurance fraud, first and third party insurance coverage issues, bad faith and first party insurance appraisals. (lexisnexis.com)
  • breach of contr
  • In cases of a fraudulently induced contract, fraud may serve as a defense in a civil action for breach of contract or specific performance of contract. (wikipedia.org)
  • bank fraud
  • Bank fraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. (wikipedia.org)
  • While the specific elements of particular banking fraud laws vary depending on jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. (wikipedia.org)
  • For this reason, bank fraud is sometimes considered a white-collar crime. (wikipedia.org)
  • commit fraud
  • As we move toward the digital economy,…criminals and crooks are finding various and ingenious…ways to commit fraud against the banking sector. (lynda.com)
  • friendly fraud
  • Friendly fraud has been widespread on the Internet, affecting both the sale of physical products and digital transactions. (wikipedia.org)
  • South Korean software developers such as Nexon implemented a prepaid system in 2007 to combat friendly fraud, selling prepaid cards in stores such as Target. (wikipedia.org)
  • MasterCard was sued in 2003 by an Internet vendor for having credit card policies and fees that have made Internet vendors especially vulnerable targets of friendly fraud. (wikipedia.org)
  • In recent years, a new variant of friendly fraud, involving bank transfers as opposed to credit card payments, has been documented in Europe. (wikipedia.org)
  • One method of combating friendly fraud is to create a feature in the product that checks in with the merchant's database. (wikipedia.org)
  • Return abuse is a form of "friendly fraud" where someone purchases products without intending to keep them. (wikipedia.org)
  • election
  • The first part of the book, which opens with an essay by Craig Donsanto of the U.S. Department of Justice, examines the U.S. understanding of election fraud in comparative perspective. (brookings.edu)
  • In the second part of the book, D. Roderick Kiewiet, Jonathan N. Katz, and other scholars of U.S. elections draw on a wide variety of sources, including survey data, incident reports, and state-collected fraud allegations, to measure the extent and nature of election fraud in the United States. (brookings.edu)
  • In a narrow election, a small amount of fraud may be enough to change the result. (wikipedia.org)
  • cases
  • As such, the number of cases of insurance fraud that are detected is much lower than the number of acts that are actually committed. (wikipedia.org)
  • In all cases the fraud relates to the commercial aspects of wine. (wikipedia.org)
  • In France, fraud estimates by the Family Branch (branche famille) amount to 2,000 to 3,000 cases per year. (wikipedia.org)
  • The Justice Department has used the False Claims Act to recover more than $7.7 billion from January 2009 to June 2012 in cases involving fraud against federal health care programs. (wikipedia.org)
  • schemes
  • According to the United States Federal Bureau of Investigation the most common schemes include: Premium Diversion, Fee Churning, Asset Diversion, and Workers Compensation Fraud. (wikipedia.org)
  • A 2011 crackdown on fraud charged "111 defendants in nine cities, including doctors, nurses, health care company owners and executives" of fraud schemes involving "various medical treatments and services such as home health care, physical and occupational therapy, nerve conduction tests and durable medical equipment. (wikipedia.org)
  • defense
  • this analysis could reveal potential fraud opportunities in the process, but is performed on the premise that improving organizational procedures to reduce or eliminate the causal factors of fraud is the single best defense against fraud. (wikipedia.org)
  • intentional
  • The Affordable Care Act of 2009 provides an additional $350 million to pursue physicians who are involved in both intentional/unintentional Medicare fraud through inappropriate billing. (wikipedia.org)
  • audit
  • Statement on Auditing Standards No. 99 (SAS 99), Consideration of Fraud in a Financial Statement Audit, was "the first major audit standard to be released since the passage of Sarbanes-Oxley" (AICPA, Detection in a GAAS Audit: SAS No. 99 Implementation Guide). (wikipedia.org)
  • investigation
  • After an investigation conducted by multiple branches of government and law enforcement, the Melissa Virus/Worm was attributed to David L. Smith, a 32-year-old New Jersey programmer, who was eventually charged with computer fraud. (wikipedia.org)
  • The Office of Investigations for the HHS, OIG collaboratively works with the Federal Bureau of Investigation in order to combat Medicare Fraud. (wikipedia.org)
  • Guilty
  • Ryder pleaded guilty to using mail fraud to use the donations for his personal gain. (wikipedia.org)
  • Confidence trick "Charity Fraud Pleads Guilty. (wikipedia.org)
  • In 2009, an Idaho man pleaded guilty to $1.5 million in disability fraud, the largest such case in the history of the Veterans Affairs Department. (wikipedia.org)
  • receipt
  • Receipt fraud: Utilizing reused, stolen or falsified receipts to return merchandise for profit. (wikipedia.org)
  • e-receipt fraud: Utilizing e-receipts issued when purchasing goods online, but returning them in store, to return merchandise for profit. (wikipedia.org)
  • A variation of the receipt fraud using the e-receipts. (wikipedia.org)
  • Disability fraud is the receipt of payment(s) intended for the disabled from a government agency or private insurance company by one who should not be receiving them, or the receipt of a higher amount than one who is entitled to them should be receiving. (wikipedia.org)
  • Definition
  • Section 380(1) of the Criminal Code provides the general definition for fraud in Canada: 380. (wikipedia.org)
  • Until recently, fraud deterrence has not been specifically identified under one common definition. (wikipedia.org)
  • include
  • Fraud may include buy, selling or trading of WIC benefits for cash and non-WIC foods. (michigan.gov)
  • Types of computer fraud include: Distributing hoax emails Accessing unauthorized computers Engaging in data mining via spyware and malware Hacking into computer systems to illegally access personal information, such as credit cards or Social Security numbers Sending computer viruses or worms with the intent to destroy or ruin another party's computer or system. (wikipedia.org)
  • types
  • There are several types of job frauds that employees or potential employees commit against employers. (wikipedia.org)
  • Another study of all types of fraud committed in the United States insurance institutions (property-and-casualty, business liability, healthcare, social security, etc.)put the true cost at 33% to 38% of the total cash flow through the system. (wikipedia.org)
  • There are many different types of Medicare fraud, all of which have the same goal: to collect money from the Medicare program illegitimately. (wikipedia.org)
  • The United States Social Security Administration accepts reports from the public for the following types of fraud: Applicants who state they are not married when they are. (wikipedia.org)
  • describes
  • Media entrepreneur and journalist John Battelle describes click fraud as the intentionally malicious, "decidedly black hat" practice of publishers illegitimately gaming paid search advertising by employing robots or low-wage workers to repeatedly click on each AdSense ad on their sites, thereby generating money to be paid by the advertiser to the publisher and to Google. (wikipedia.org)
  • The Fraud Triangle describes three factors that are present in every situation of fraud: Motive (or pressure) - the need for committing fraud (need for money, etc. (wikipedia.org)
  • estimates
  • According to estimates by the Insurance Information Institute, insurance fraud accounts for about 10 percent of the property/casualty insurance industry's incurred losses and loss adjustment expenses. (wikipedia.org)
  • Other estimates attribute as much as 10% of the total healthcare spending in the United States to fraud-about $115 billion annually. (wikipedia.org)
  • In the United Kingdom, the Insurance Fraud Bureau estimates that the loss due to insurance fraud in the United Kingdom is about £1.5 billion ($3.08 billion), causing a 5% increase in insurance premiums. (wikipedia.org)
  • Social Security estimates that fraud or error accounts for 5% of its budget annually. (wikipedia.org)
  • telemarketers
  • Another is "preacquired account telemarketing fraud", cramming of unauthorized charges by telemarketers who have bought or obtained consumer account information prior to the telemarketing call, sometimes from the consumer's own bank. (wikipedia.org)
  • eliminate
  • The first "National Summit on Health Care Fraud" was held on January 28, 2010 to bring together leaders from the public and private sectors to identify and discuss innovative ways to eliminate fraud, waste and abuse in the U.S. health care system. (wikipedia.org)
  • abuse
  • Increase awareness of potential areas of WIC Program fraud/abuse. (michigan.gov)
  • Assume a highly visible and proactive role in preventing and detecting WIC Program fraud/abuse. (michigan.gov)
  • In the United States, computer fraud is specifically proscribed by the Computer Fraud and Abuse Act, which criminalizes computer-related acts under federal jurisdiction. (wikipedia.org)
  • The retail industry experiences a significant fraud and abuse problem, losing money in the range of $50 billion per year. (wikipedia.org)
  • Branch
  • The fraud is discovered only when the bank's head office does the branch-wise reconciliation, which normally take six months, by which time the money is gone. (wikipedia.org)
  • order
  • The most common forms of insurance fraud are reframing a non-insured damage in order to make it an event covered by insurance and inflating the value of the loss. (wikipedia.org)
  • detection
  • This white paper summarizes a candid discussion with fraud experts from SAS and Bank of America about what it takes to develop more customer-centric fraud management - factoring in anomaly detection, customer baseline scoring and customer-prescribed risk appetites - to help identify suspicious transactions and networks before the money leaves your premises. (sas.com)
  • Learn how big data analytics is used for fraud detection by defining what is fraud detection and analyzing how data science technologies are used to discover fraud. (lynda.com)
  • Jungwoo will compare and contrast the conventional and new, big data-driven fraud detection techniques. (lynda.com)
  • In particular, he will explain the role of machine learning in the newly emerging fraud detection algorithms. (lynda.com)
  • For example, one of its key markets is fraud detection. (lynda.com)
  • Until very recently, fraud detection…involved significant human intervention. (lynda.com)
  • Then a fraud detection specialist…looked into the case more closely. (lynda.com)
  • Therefore, improving the accuracy of fraud detection…is a key to success in this case. (lynda.com)
  • Fraud deterrence is not earlier fraud detection, and this is often a confusing point. (wikipedia.org)
  • authorities
  • German authorities assume that welfare fraud by relatively well-off people of Turkish origin is common, although there is no statistics concerning its scope. (wikipedia.org)
  • money
  • Charity fraud is the act of using deception to get money from people who believe they are making donations to charities. (wikipedia.org)
  • This is because these companies lose money to undetected click fraud when paying out to the publisher but make more money when collecting fees from the advertiser. (wikipedia.org)
  • form
  • Cramming is a form of fraud in which small charges are added to a bill by a third party without the subscriber's consent or disclosure. (wikipedia.org)
  • Thus both banks temporarily count the cheque amount as an asset until the cheque formally clears at Bank Y. The float serves a legitimate purpose in banking, but intentionally exploiting the float when funds at Bank Y are insufficient to cover the amount withdrawn from Bank X is a form of fraud. (wikipedia.org)
  • deception
  • In law, fraud is deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. (wikipedia.org)
  • amount
  • Another reason for fraud is over-insurance, when the amount insured is greater than the actual value of the property insured. (wikipedia.org)
  • The sentence depends on the amount of the fraud. (wikipedia.org)
  • amounts
  • The German government has estimated that the amounts lost through welfare fraud were 6% of the amounts lost through tax avoidance and subvention fraud. (wikipedia.org)
  • type
  • The most prevalent type of fraud is one where wines are adulterated, usually with the addition of cheaper products (e.g. juices) and sometimes with harmful chemicals and sweeteners (compensating for colour or flavour). (wikipedia.org)
  • Counterfeiting and the relabelling of inferior and cheaper wines to more expensive brands is another common type of wine fraud. (wikipedia.org)
  • Counterfeit labelling of rare, expensive, and cult wines, and unregulated investment wine firms characterise this type of fraud. (wikipedia.org)
  • combat
  • To combat digital transaction fraud, prepaid cards have been offered as an effective alternative to ensure customer payment. (wikipedia.org)
  • In 1997, the federal government dedicated $100 million to federal law enforcement to combat Medicare fraud. (wikipedia.org)
  • Internet
  • The Internet Crime Complaint Center maintains a list of guidelines to avoid charity fraud when making a donation. (wikipedia.org)
  • known
  • Adoption fraud also known as illegal adoption can be defined as when a person or institute attempts to either illegally adopt a child or illegally give up a child for adoption. (wikipedia.org)
  • Clicks coming from a computer known to be that of a publisher also look suspicious to those watching for click fraud. (wikipedia.org)
  • common
  • Large-scale survey research indicates that welfare fraud is more common in the Netherlands than in Britain or America. (wikipedia.org)