Business, Legal & Accounting Glossary
n. the crime of knowingly making untrue statements for the purpose of obtaining money or property fraudulently. This can range from claiming zircons are diamonds and turning back the odometer on a car, to falsely stating that a mine has been producing gold when it has not. It is one form of theft.
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This glossary post was last updated: 28th April, 2020 | 0 Views.