Fraud by Abuse of Position

Fraud had been million incidents of fraud and before some time, affecting an estimated one in 12 adults and making it the most common form of crime. Fraud is apparently low on the some list law enforcement priorities. Fraud affects one in ten people in some country According to most frauds relate to bank account fraud. The Act gives a statutory definition of the criminal offence of fraud, defining it in three classes—fraud by false representation, fraud by failing to disclose information, and fraud by abuse of position.

Before Some Years the “Almost million fraud and cyber crimes were committed before some  year and estimated there were million misuse offences and fraud offences in the year to the end of year.” These figures are separate from the headline estimate that another million crimes (distinct from frauds) were perpetrated in the some country against adults in the year to end of the year it was ‘deeply regrettable’ fraud is being left out of the first index despite being the most common fraud reported to police.

‘If you’ve got some categories that are excluded from fraud, they are automatically left out of the police’s priorities. The Fraud Act is an Act of the Parliament and therefore It provides that a person found guilty of fraud is liable to a fine or imprisonment for up to year on summary conviction and also fraud is liable to a fine or imprisonment for more years on conviction on indictment or This Act largely replaces the laws relating to obtaining property by fraud, obtaining a pecuniary advantage and other offences that were created under the fraud.

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