Bank Fraud
Bank fraud refers to illegal activities aimed at obtaining money or assets from a financial institution through deceitful means. This can include actions like forging signatures, using stolen credit cards, or creating fake accounts. The goal is to trick the bank into providing funds or services that the fraudster is not entitled to.
Common types of bank fraud include check fraud, wire fraud, and identity theft. Victims of bank fraud can suffer significant financial losses, and banks often invest in security measures to prevent such crimes. Law enforcement agencies work to investigate and prosecute those involved in these fraudulent activities.