What Fraud Is And Go More Into Depth About What Charity...

For most Americans, charity is extremely important because it gives individuals the opportunity to give back to others that are in need. It also helps us to better ourselves and feel more involved with our community. When one in need asks for help we tend to give to them because it is the right thing to do and we would want others to do the same if we re in the same predicament. By donating to charities, we are making a difference and saving others’ lives. However, fraud is an ongoing problem that has been occurring for years and most times it is certainly difficult for individuals to donate to charity because criminals have variety of ways to steal money that was to be supposed to be donated to a good cause. In this paper, I’m going to discuss a brief history of what fraud is and go more into depth about what charity fraud is. As technology advances, it puts others at risk for being victims of fraud. Technology allows different ways for individuals to commit the fraud and at times are often difficult to prevent because with the use of technology, it allows the criminals to hide their identities by impersonating other individuals. Technology also allows them to hide their location. So if someone was to know that money was being stolen from them, they wouldn’t be able to find that individual because technology allows criminals to do that. The definition of fraud is misrepresentation of a product or something of value to gain money for personal use. Fraud occurs in manyShow MoreRelatedMadoff Scandal6132 Words   |  25 Pageshttp://orgnet.com/madoff.html) 7 Introduction Operating from central Manhattan, Bernie Madoff developed the first and biggest global Ponzi scheme, an event of greed and dishonesty that lasted for more than 20 years, in which $65 billion dollars vanished from the pockets of some of the world’s richest people, charities and ordinary investors alike. 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