Defrauders

Defrauders refers to individuals or entities who intentionally deceive others for financial or material gain. This involves using deceitful tactics, misrepresentation, or exploitation to unlawfully obtain money, property, or other assets. defrauders often exploit trust, vulnerabilities, or ignorance to perpetrate their schemes, causing significant financial and emotional harm to their victims. Their actions are illegal and unethical, violating laws and moral principles. The term encompasses various types of fraudulent activities, ranging from petty scams to large-scale financial crimes.

Defrauders meaning with examples

• The court sentenced several individuals to jail time after uncovering their elaborate scheme, which defrauded numerous investors. The defrauders, using a Ponzi scheme, promised impossibly high returns, attracting many victims before the whole thing collapsed and exposing the large-scale fraud and deception.
• Authorities are investigating a group of defrauders suspected of running a phishing campaign. They sent deceptive emails, pretending to be a bank. They requested sensitive information from unsuspecting customers. Their goal was to steal their money and identities. Several individuals were already affected and became victims.
• The company's former executives were exposed as defrauders for misrepresenting the financial health of the company. They artificially inflated profits to gain personal bonuses. They also attracted investors who believed the company's value was growing. They ultimately caused the company to crash.
• Investigators discovered that the charity was run by defrauders who misused donation funds. Funds, that should've been used for helping the needy, instead went into personal bank accounts and lifestyles of the defrauders. They exploited the goodwill and generosity of donors.
• Online marketplaces are constantly battling defrauders who use fake product listings. They deceive buyers into purchasing counterfeit or non-existent items. These sellers use fake images and promises that sound good. The online marketplace takes action, but it's a constant battle.