The phrase "a type of fraud" is correct and usable in written English.
It can be used when categorizing or describing a specific kind of fraudulent activity.
Example: "Identity theft is a type of fraud that can have serious consequences for the victim."
Alternatives: "a form of fraud" or "a category of fraud".
"It's a type of fraud that, because it's fraud, it's hard to detect," he said.
"It's a type of fraud that, because it's fraud, it's hard to detect," he said to Mr. Smith.
As a type of fraud, insider trading requires showing the defendant violated a duty of trust and confidence by taking confidential information and using it for personal gain.
Mr. Madoff has said the scam was a Ponzi scheme, a type of fraud in which early investors are paid off with money from later victims, until no more money can be raised and the scheme collapses.
"In other words, Miracle and his associates have been operating a type of fraud known as a Ponzi scheme in which later investors' money is used to pay earlier investors supposed profits on their investments".
It took a deeper investigation to unearth the invoicing scheme, a type of fraud that is difficult to detect through a routine audit because the money spent appears to be backed up by documents, Mr. Castleman said.
The lower sentences for these two are because the guidelines view insider trading as a lesser crime, even though it is also a type of securities fraud.
They called the subpoenas a fishing expedition primarily targeting those born in other countries and accused Higdon of wasting resources in search of a type of election fraud that is exceedingly rare.
Insider trading is a type of securities fraud that requires the government to show the defendant breached a duty of trust and confidence by tipping or trading on material nonpublic information.
Fannie Mae, the largest buyer of mortgages, instituted the guidelines in part to root out a type of mortgage fraud known as "shotgunning," in which borrowers take out multiple loans on one or more properties, unbeknownst to the lenders.
A14 Vulnerability on EBay EBay's domination of the online auction business and its heavy dependence on e-mail communication make its users particularly vulnerable to online scams with some facing problems with phishing, a type of online fraud that collects victims' account passwords and other information.
