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what is the fundamental difference between fraud and corruption

Asked by: 407 days ago - 1 Answers - 3462 views

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    Fraud is misrepresenting yourself or something as something you or it is not. For example, if you use a fake ID, you’re commuting fraud by misrepresenting yourself as someone else.

    Corruption is a broad term that can be applied to fraud, as well as other dishonest acts such as bribery, extortion, or embezzlement.

    The two can be used in a wide array of instances, but can apply specifically to business. Corporate leaders are often prosecuted for various fraudulent and corrupt acts, as well as political leaders.

    Answer by Rick 195 days ago


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