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A business might partake in fraudulent activities by manipulating or misrepresenting business accounting records, profit information, sales data, or other pertinent financial information.

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15y ago

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Fraud committed by business and government professionals is called collar crime?

Fraud committed by business and government officials is called what?


How would you define product fraud?

When a business knowingly produces a defective or substandard product and sells it to the public anyway, the firm has committed product fraud.


What are the criminal charges for business fraud in the US?

The charges for business fraud in the U.S. include many factors. The size of business, the type of fraud, how many people were affected by the fraud, and how these people were affected.


Difference between commercial crime and fraud?

Fraud is a particular type of crime and can be committed against anyone, business or individual.Whereas, the term 'commercial crime' is a general descrption of crime that occurs in the business world but is not specific to any one type of offense.


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If you file Bankruptcy on your business can they take your personal assets?

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