Fraudulent Meaning: Definition, Examples, and Translations
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fraudulent
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Definitions
financial
Obtained, done by, or involving deception, especially criminal deception.
Synonyms
deceptive, dishonest, fake, untrustworthy.
Examples of usage
- The company was shut down for engaging in fraudulent activities.
- She was accused of making fraudulent insurance claims.
- He used a fraudulent credit card to make purchases.
general
Not genuine; counterfeit.
Synonyms
counterfeit, fake, forged, phoney.
Examples of usage
- She bought a fraudulent designer handbag from the street market.
- The painting turned out to be fraudulent and not an original.
Translations
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Interesting Facts
Legal Aspects
- In law, fraudulent activities can involve scams, misrepresentation, or any unlawful act intended to deceive individuals or organizations.
- Fraud cases can range from identity theft to securities fraud, impacting both personal lives and large corporations.
- Legal consequences for fraud can include hefty fines and jail time, depending on the severity of the offense.
Psychology
- Research shows that people who engage in fraudulent behavior can often rationalize their actions to alleviate guilt.
- Fraudulent behavior can be linked to personality traits such as narcissism, where individuals prioritize their gains over ethical standards.
- Studies suggest that the environment, like workplace culture, can influence the likelihood of someone committing fraud.
Historical Examples
- The Ponzi scheme, named after Charles Ponzi in the 1920s, is a famous example of fraudulent investment practices.
- In the early 20th century, the Teapot Dome scandal involved bribery and fraud related to oil reserves in the U.S., highlighting governmental deception.
- The infamous Enron scandal in the early 2000s involved executives manipulating earnings reports to appear more profitable than they were.
Pop Culture
- Movies like 'Catch Me If You Can' depict the life of Frank Abagnale, a notorious con artist who committed multiple fraudulent acts.
- Television shows often feature characters who engage in fraud, highlighting the tension between deception and truth, like in 'Breaking Bad.'
- The term 'fraudulent' is frequently used in songs and literature to discuss themes of betrayal and dishonesty in relationships.
Origin of 'fraudulent'
Main points about word origin
- The word comes from the Latin 'fraudulentus,' which means 'cheating' or 'deceitful.'
- The root 'fraus' in Latin translates to 'fraud' or 'deception,' highlighting its connection to trickery.
- The term has been used in English since the late 15th century, originally referring to deceit in transactions.
The word 'fraudulent' originated from the Latin word 'fraudulentus', which means 'deceitful'. It has been used in the English language since the 15th century. The concept of fraud has been present throughout history, with instances of fraudulent activities dating back to ancient civilizations. Over time, laws and regulations have been developed to combat fraudulent behavior and protect individuals and organizations from financial harm.
See also: defraud, fraud, frauds, fraudster, fraudsters, fraudulence, fraudulently.