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Fraud vs Laundering - What's the difference?

fraud | laundering |

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)
  • Any act of deception carried out for the purpose of unfair, undeserved and/or unlawful gain.
  • * Alexander Pope
  • If success a lover's toil attends, / Few ask, if fraud or force attained his ends.
  • * {{quote-book, year=2006, author=
  • , title=Internal Combustion , chapter=1 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.}}
  • The assumption of a false identity to such deceptive end.
  • A person who performs any such trick.
  • (obsolete) A trap or snare.
  • * Milton
  • to draw the proud King Ahab into fraud

    Synonyms

    * (criminal) deceit * trickery * hoky-poky * imposture * (person ) faker, fraudster, impostor, cheat(er), trickster

    See also

    * embezzlement * false billing * false advertising * forgery * identity theft * predatory lending * quackery * usury * white-collar crime

    Verb

    (en verb)
  • (obsolete) To defraud
  • laundering

    English

    Verb

    (head)
  • Noun

    (en noun)
  • The act, or occupation, of one who launders; washing and ironing.