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Simple English definitions for legal terms
intentional fraud
Read a random definition: direct interest
A quick definition of intentional fraud:
Intentional fraud is when someone lies or hides important information on purpose to make someone else do something that hurts them. It's like tricking someone into doing something bad for them. It's against the law and can be punished with fines or even going to jail.A more thorough explanation:
Intentional fraud is when someone knowingly lies or hides important information to make someone else do something that harms them. It can be a crime or a civil wrong. For example, if someone lies about the condition of a car they are selling to make the buyer pay more, that is intentional fraud. Another example is if a company lies about the safety of their product to make people buy it, that is also intentional fraud.
Other types of fraud include:
- Actual fraud: When someone lies or hides information that causes harm to someone else who relied on it.
- Bank fraud: When someone uses false information to get money from a bank or financial institution.
- Criminal fraud: When someone breaks the law by lying or hiding information to get something they want.
- Constructive fraud: When someone unintentionally causes harm by not being careful or honest.
For example, if a contractor promises to finish a project by a certain date but doesn't because they didn't plan well, that could be constructive fraud. The contractor didn't mean to harm the client, but their actions still caused harm.