Types of fraudulent acts

 Fraud can be committed through many media, including mail, wire, phone, and the Internet (computer crime and Internet fraud). The international dimensions of the web and ease with which users can hide their location, the difficulty of checking identity and legitimacy online, and the simplicity with which crackers can divert browsers to dishonest sites and steal credit card details have all contributed to the very rapid growth of Internet fraud.




Types of criminal fraud include:



bait and switch

bankruptcy fraud

benefit fraud, committing fraud to get government benefits

counterfeiting of currency, documents or valuable goods

charlatanism

confidence tricks such as the 419 fraud and Spanish Prisoner

creation of false companies or "long firms"

embezzlement, taking money which one has been entrusted with on behalf of another party

false advertising

false billing

false insurance claims

forgery of documents or signatures,

Franchise fraud where the real profit is earned, not by the sale of the product, but by the sale of new franchise licenses.

fraud upon the court

health fraud, for example selling of products known not to be effective, such as quack medicines,

identity theft

investment frauds, such as Ponzi schemes and Pyramid schemes

Moving scam

religious fraud

marriage fraud to obtain immigration rights without entitlement

rigged gambling games such as the shell game

securities frauds such as pump and dump

tax fraud, not reporting revenue or illegally avoiding taxes. In some countries, tax fraud is also prosecuted under false billing or tax forgery[2]