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TeachMeFinance.com - explain Fraud Fraud The term 'Fraud ' as it applies to the area of Medicare in the United States can be defined as ' The intentional deception or misrepresentation that an individual knows, or should know, to be false, or does not believe to be true, and makes, knowing the deception could result in some unauthorized benefit to himself or some other person(s)'. Previous 5 Terms: Fractus Framework Convention on Climate Change (FCCC) francolin Francophobia Fraternal twin Next 5 Terms: Fraud And Abuse Frazil Ice Frazil Slush Freak Wave Free alongside ship (f.a.s.) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.