Question

What is the real difference between a simple fraud and a complex one?

Answer 1

What is the real difference between a simple fraud and a complex one?

Simple Fraud – is a Mankind, Committed by lack of self control or restrictions both in human beings or in the organisation. One word to say is using everything for personal gains

It is regarded as First Fraud.

Examples: Check related Frauds, Website traffic deviation, Identity theft, misusing the debit or credit cards of clients or someone else.

Complex: Committed with intention to harm others. It is regarded as second fraud, It largely happens in large companies, It is a Specific Fraud. is always Complex to you. The case is Considered as serious in law

it's effect the interest of Public or Investors at large. The value of fraud exceeds $ 5 billions

It involves verification and examination of lot of documents, tracing out the financial transactions

Complex Fraud must continue to be prosecuted before the criminal courts