Fraud is a deliberate deception or misrepresentation made for personal gain or to secure an unfair advantage over others. It involves actions that are deceitful and dishonest, with the intent to mislead or trick someone into parting with something of value, such as money, property, or information. Fraud can take various forms, including financial fraud (like embezzlement or investment scams), identity theft, insurance fraud, and credit card fraud, among others. The act of committing fraud is illegal and often punishable by law, as it undermines trust and integrity in personal, business, and economic relationships.
Sunwells, a major company in the elder care sector, is embroiled in a scandal involving false billing practices amounting to 28.47 billion yen. The fraud involved inflating visit durations and…