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let me just clear one thing up Misrepresentation for financial gain = Fraud as an example: I Tell the bank i earn $10,000 when i only earn half that to get a h
by ismail 18y ago
let me just clear one thing up
Misrepresentation for financial gain = Fraud
as an example:
I Tell the bank i earn $10,000 when i only earn half that to get a higher loan
or
in the case of a company:
Reporting higher numbers to investors, reporting high userbases/install bases to convince other customers
Yes its fraud, thats what enron did.
It's a bad sign. And to all the people saying it's ok SHAME ON YOU,