What is Fraud?

Fraud is an illegal act, the concealment of the act and receipt of benefits (generally in the form of financial gain) from that act. Further, all types of organizations are susceptible to fraud - even colleges and universities. Fraudulent acts include but are not limited to the following:

  • making or altering documents or computer files with the intent to defraud
  • purposefully inaccurate financial reporting
  • misappropriation or misuse of University resources, such as funds, supplies or other assets
  • improper handling or reporting of cash transactions
  • authorizing or receiving compensation for goods not received or services not performed


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