Apart from fraud, there are several related categories of intentional fraud that may or may not include the elements of personal gain or damage to another individual: Fraud which criminalizes false representation of having been awarded any decoration or medal.The Fraud Prevention Service, is a not-for-profit membership association representing the private and public sectors. It is dedicated to the prevention of fraud, including staff fraud, and the identification of financial and related crime.
Before some year fraud referred to a recently published report which estimated the annual cost of fraud in some country was equal to nearly per head of population. Study found that the number of reported cases of identity fraud jumped by half part between some years. Drawing from its reporting database of some organisations in fraud, it is found that various people reported having their identity in fraud in few years, up from the previous year.
The rise of social media has been blamed because of fraud. It has warned that social media sites such as Facebook, Twitter and LinkedIn are becoming a “hunting ground” for fraudsters in fraud. The government’s fraud review concluded that fraud is a significantly under-reported crime, and under fraud while various agencies and organizations were attempting to tackle the issue in fraud, greater co-operation was needed to achieve a real impact in the public sector.