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Not all misrepresentations are fraud but in most cases all fraud involve misrepresentation. Theaim of a fraudulent act is to mislead an innocent person into thinking that something has a certain value (or is worthless) and which the perpetrator knows is not coorect and is false all fraud offenses include some type of misrepresentation, deception and/or false statement. Federal and state statutes cover a vast variety of different fraud charges and punishments. Criminal fraud generally demands the existence of at least two elements (1) the defendant’s intentions was to commit the crime, and (2) that the criminal act of fraud was actually committed by the defendant. Additional elements may be necessary. a good example is when, to constitute federal wire or mail wire fraud, the criminal act must also engage an interstate transmission or communication using a wire or the postal service.
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