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Anthony Wilson

The A to Z of risk terminology – ‘F’

Fraud - the same meaning as the general fraud offence set out in section 192E of the New South Wales Crimes Act 1901. It generally includes the use of deception to dishonestly obtain property and financial advantage. We typically extend it to include all forms of theft and misappropriation.


Frequency - measure of the number of occurrences per unit of time.




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