this post was submitted on 06 Sep 2024
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It’s fraud by false representation the U.K. Fraud is basically whenever you misuse a system for undue profit. The terms are very broad. “You know it when you see it” kind of thing.
So, in the u.k., it's just one of those "we keep this handy to hurt the uppity poors" laws?
Probably the opposite actually. Almost all white collar crime falls in under fraud. The crimes of the desperate, the poor or the wicked usually fall into a few, clear categories around harming others physically.
They got Robert Maxwell for it. He wasn't at all poor.