What is Fraud?
Fraud is the criminal intention to deceive, cheat or trick someone, whether a person or an entity to gain an advantage such as money, power, authority and materials.
What is Financial Fraud?
Financial Fraud is fraud involving financial transactions. It is normally committed through the financial system such as banks, insurance companies, stock broking houses, finance companies etc. These frauds are committed using the financial system's product and services mainly affecting account holders and/or customers.