Define the two concepts froud and corruption and give examples of each

Fraud : an unlawful deliberate deception that is used to obtain some sort of gain.

Example of fraud : Someone who promised you a huge return if you invest in some sort of business, but turned out he just took your money and run away

Corruption : Dishonest conduct by those who sit in power

Example of corruption : Government officials that receive bribery from a company to ignore their illegal activities