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Monday, July 21, 2008

Law 101 Continued: Now What Exactly Is Fraud?

Fraud is harmful deception designed for personal or organizational gain that is typically of a monetary nature. Fraud damages others and is both a criminal and a certain kind of civil law violation called a tort. Regardless, fraud essentially is not only unlawful, but clearly unfair gain acquired by others. In health care industries, fraud can take on many forms- especially regarding the pharmaceutical company.

This misrepresentation is usually performed with deliberate ignorance and reckless disregard for others that embraces all the multifarious means which human ability can devise to gain advantage over another.

Please stand by for more......

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