Act or course of deception, an intentional concealment, omission, or perversion of truth, to (1) gainunlawful or unfair advantage, (2) induce another to part with some valuable item or surrender a legalright, or (3) inflict injury in some manner. willful fraud is a criminal offense which calls for severepenalties, and its prosecution and punishment (like that of a murder) is not bound by ... Read more

USAGE EXAMPLE

I immediately called my bank to report fraud after I noticed purchases on my credit card statement that I did not make.