What is the definition of criminal fraud?

Criminal fraud is a type of white collar crime that involves deception and the intentional misrepresentation of material fact for unlawful financial gain. It is a crime that targets consumers by using false or deceptive means to obtain money or property. In Oklahoma, criminal fraud is defined as willfully engaging in any fraudulent activity or making, creating, or executing any fraudulent document, instrument, or transfer of property. Criminal fraud is often committed using a variety of deceptive practices, including false advertising, identity theft, and credit and debit card fraud. The punishment for criminal fraud in Oklahoma can range from a fine of up to $500 to a prison term of up to 10 years, depending on the severity of the crime. The laws also allow for civil action to be taken against anyone who has been the victim of criminal fraud.

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What is the definition of criminal fraud?

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