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What is fraud?
Financial deceit has long been a feature of British capitalism, even if this isn’t always obvious, explains the MARX MEMORIAL LIBRARY

“FRAUD” is legally defined as “a deliberate act of deceit committed with the intention of gaining something unlawfully or unfairly.”

A dictionary definition provides the following: “deceit, trickery … or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.”  

Key words here are: “deliberate,” “intention,” “gain” and “profit/unfair advantage.”

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