What are examples of legal fraud?

Answer 1

Types of criminal fraud include:

• bait and switch
• bankruptcy fraud
• benefit fraud, committing fraud to get government benefits
• counterfeit
• charlatanism (psychic and occult),
• confidence tricks such as the 419 fraud and Spanish Prisoner
• selling counterfeit goods which are not what they claim to be, e.g., designer clothing, fake works of art, archaeological objects, etc.
• 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,
• 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
• 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
• taking payment for goods ordered with no intention of delivering them
• tax fraud, not reporting revenue or illegally avoiding taxes (tax evasion). Iin some countries tax fraud is also prosecuted under false billing or tax forgery

Answer 2

1. US Agricultural policy of giving business owners money. 2. Boards of directors granting extremely high compensation levels to executives for a mediocre to bad job. 3. The FDA allowing food makers to advertise "Zero Trans Fat" when in fact there may be trans fat in the food. The FDa allows less than .5g per serving.

Answer 3

I knew of a woman who was on medicare and her and a bunch of her friends all signed up with the same doctor at a local mall. They would all schedule appointments with the doctor at the same time and have him sign off on the checkups. Afterwards they would all hang out at the mall for the afternoon and have the transport come pick them up. Essentially they were getting medicare to pay for the transportation for their day trips to the mall.

Answer 4

Examples of medical fraud include: Doctors charging Medicare, Medicaid or private insurance for care not performed. People using the name and insurance card of someone else to get care. Chiropractors and Dentists upcoding-- using more expensive codes to get paid more. Patients going from pharmacy to pharmacy filling prescriptions for controlled drugs so that they can sell them on the street. Durable medical equipment companies preying on the elderly and charging Medicare for equipment not medically necessary such as scooter mobile wheelchairs.