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31 January, 03:28

Define the two concepts froud and corruption and give examples of each

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  1. 31 January, 04:32
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    Fraud : an unlawful deliberate deception that is used to obtain some sort of gain.

    Example of fraud : Someone who promised you a huge return if you invest in some sort of business, but turned out he just took your money and run away

    Corruption : Dishonest conduct by those who sit in power

    Example of corruption : Government officials that receive bribery from a company to ignore their illegal activities
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