Fraud vs Laundering - What's the difference?
fraud | laundering |
Any act of deception carried out for the purpose of unfair, undeserved and/or unlawful gain.
* Alexander Pope
* {{quote-book, year=2006, author=
, title=Internal Combustion
, chapter=1 The assumption of a false identity to such deceptive end.
A person who performs any such trick.
(obsolete) A trap or snare.
* Milton
As nouns the difference between fraud and laundering
is that fraud is any act of deception carried out for the purpose of unfair, undeserved and/or unlawful gain while laundering is the act, or occupation, of one who launders; washing and ironing.As verbs the difference between fraud and laundering
is that fraud is (obsolete) to defraud while laundering is .fraud
English
Noun
(en noun)- If success a lover's toil attends, / Few ask, if fraud or force attained his ends.
citation, passage=But electric vehicles and the batteries that made them run became ensnared in corporate scandals, fraud , and monopolistic corruption that shook the confidence of the nation and inspired automotive upstarts.}}
- to draw the proud King Ahab into fraud