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Fraud is a word that gets thrown around a lot, but what does it really mean?
Fraud can encompass any crime where the perpetrator uses deception as their modus operandi for personal gain. Contrary to popular belief, fraud victims are not greedy people looking for a get-rich-quick scheme, elderly lonely people, or gullible individuals. Anyone can fall victim to fraud, especially a well-planned and sophisticated one with a convincing story. Therefore, it would be best to learn the signs to sense a fraud scheme from a mile away.