Answered

____ is knowingly making false statements or representation of material facts to obtain a benefit or payment for which a lesser amount or no amount at all was actually earned.

Answer :

Fraud is knowingly making false statements or representation of material facts to obtain a benefit or payment for which no entitlement would otherwise exist.

What exactly fraud is?

Fraud is a deceptive activity being made by the offender in order to gain an unlawful gain by harming the rights of the victim.

Fraud is an intentionally done unethical activity or making false statements for deceiving the interests of an individual.

It may include the tax fraud, card fraud, investment fraud etc.

Learn more about the fraud here:-

https://brainly.com/question/14971645

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