verb to deceive or cheat someone for personal gain
Defraud is commonly used in legal contexts to refer to the act of deceiving someone for personal gain, especially in financial matters.
In finance, defraud is used to describe fraudulent activities such as embezzlement, Ponzi schemes, and insider trading.
In the field of criminal justice, defraud is used to describe criminal acts such as wire fraud, mail fraud, and securities fraud.
In cybersecurity, defraud is used to describe phishing scams, identity theft, and other online fraud tactics.
Defraud is relevant in consumer protection discussions, where it refers to scams, false advertising, and other deceptive practices aimed at consumers.
Within the realm of business ethics, defraud is used to discuss dishonest practices that harm stakeholders or violate regulations.
In the legal field, a writer may write about cases involving individuals who defraud others.
A psychologist may work with victims of fraud to help them cope with the emotional impact of being defrauded.
Lawyers may represent clients who have been accused of defrauding others or help victims of fraud seek justice through legal means.
Accountants may uncover instances of fraud while auditing financial records and work to prevent future instances of defrauding within a company.
Law enforcement officers investigate cases of fraud and work to apprehend individuals who have defrauded others.