familiar fraud
familiar fraud noun: a type of fraud in which someone fraudulently opens accounts or makes purchases in someone else's name, in which the victim is a close friend or family member.
Noun
familiar fraud (countable and uncountable, plural familiar frauds)
- A type of fraud in which someone fraudulently opens accounts or makes purchases in someone else's name, in which the victim is a close friend or family member.
- Familiar fraud cases trace back to family members as offenders, as well as friends, neighbors, coworkers and in-home employees.2015 July 21, Kelli Grant, “Identity theft victims: You might know the culprit”, in CNBC, archived from the original on 05 Nov 2021
- Addressing, much less prosecuting, familiar fraud is difficult because victims often don't want to hurt the fraudster but then wind up with the financial loss.2019 March 18, Tom Groenfeldt, “Credit Card Fraud Is Down, But Account Fraud That Directly Hurts Consumers Remains High”, in Forbes, archived from the original on 25 Sep 2022
Forms of familiar fraud
| plural | familiar frauds |
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Questions about familiar fraud
- What does familiar fraud mean?
- Familiar fraud means a type of fraud in which someone fraudulently opens accounts or makes purchases in someone else's name, in which the victim is a close friend or family member.
- What part of speech is familiar fraud?
- Familiar fraud is a noun.
- What is the plural of familiar fraud?
- The plural of familiar fraud is familiar frauds.
Words near familiar fraud in the dictionary
Source and license
Adapted from Wiktionary: familiar fraud (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “familiar fraud.” Word.ws, https://word.ws/familiar_fraud. Based on Wiktionary, CC BY-SA 4.0.
