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Definition of

fraud ring


group organized to defraud others an organized group of people or companies who defraud others, for example, by stealing identities to gain access to financial information, by forging mortgage documents, or by filing false insurance claims

Definitions of ’fraud ring’ and meaning of ’fraud ring’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fraud ring’ and other financial terms with our online QFINANCE Financial Dictionary.

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