What's the difference between fraud and racket?

Fraud


Definition:

  • (n.) Deception deliberately practiced with a view to gaining an unlawful or unfair advantage; artifice by which the right or interest of another is injured; injurious stratagem; deceit; trick.
  • (n.) An intentional perversion of truth for the purpose of obtaining some valuable thing or promise from another.
  • (n.) A trap or snare.

Example Sentences:

  • (1) TalkTalk said customers should monitor their accounts over the coming months and report anything unusual to Action Fraud.
  • (2) But most instances are more mundane: the majority of fraud cases in recent years have emerged from scientists either falsifying images – deliberately mislabelling scans and micrographs – or fabricating or altering their recorded data.
  • (3) Casadevall said the pressures to commit fraud came from many sources - not least the competition for scarce funding for research.
  • (4) He is, by any measure, one of the biggest scientific frauds of all time.
  • (5) How much more is this than the amount lost to fraud?
  • (6) In April, Ronnie was charged with a series of offences relating to an alleged £1m fraud at the retailer.
  • (7) Compare the billions lost through tax avoidance to the £1.2bn lost through benefit fraud, an issue that remains the news fodder of choice for the rightwing press.
  • (8) Many have degrees or work in professional fields, and feel embarrassed by the fact they have become a victim of fraud.
  • (9) The speciality steels division faces a Serious Fraud Office investigation and some of its top staff are suspended , which could complicate a sale.
  • (10) This Comment explores issues concerning the control of fraud and abuse in health programs financed with public funds, specifically the Medicare and Medicaid programs.
  • (11) In a recent decision, Commonwealth v. Kobrin, the Massachusetts Supreme Judicial Court ruled that a psychiatrist being investigated for possible Medicaid fraud did not have to turn over all of his notes concerning therapy sessions.
  • (12) "No, it's a stunt, a fraud," cry Lib Dems, Clegg's leftie critics included.
  • (13) The once squeaky-clean Spanish royal family has become immersed in a growing fraud scandal that reveals how members of King Juan Carlos's family may have cashed in on the monarchy's good name.
  • (14) Transparency news Man of the week - Nigerian Fifa executive Amos Adamu: July – tells four Nigerian officials charged with fraud to fight in court to clear their names.
  • (15) We know that markets can be gamed, and that fraud and false information undermine their efficiency.
  • (16) Britain's Serious Fraud Office has launched a formal criminal investigation into GlaxoSmithKline's sales practices, piling further pressure on the drugmaker which is already being investigated by Chinese authorities and elsewhere amid allegations of bribery.
  • (17) GNM reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Awards or any feature thereof with or without prior notice due to reasons outside its control (including, without limitation, in the case of anticipated, suspected, or actual fraud).
  • (18) Most vacancies are now advertised over the internet and claimants are encouraged to apply online to help them prepare for the world of work.” The disclosure of the revenue generated by BT came after the Observer revealed that 85% of benefit fraud allegations made by the public to a telephone hotline or online over the last five years were false.
  • (19) In 2012, Britain was among the donors that suspended all direct aid to the Ugandan prime minister's office over allegations of fraud.
  • (20) Only shop online on secure sites Before entering your card details, always ensure that the locked padlock or unbroken key symbol is showing in your browser, cautions industry advisory body Financial Fraud Action UK.

Racket


Definition:

  • (n.) A thin strip of wood, having the ends brought together, forming a somewhat elliptical hoop, across which a network of catgut or cord is stretched. It is furnished with a handle, and is used for catching or striking a ball in tennis and similar games.
  • (n.) A variety of the game of tennis played with peculiar long-handled rackets; -- chiefly in the plural.
  • (n.) A snowshoe formed of cords stretched across a long and narrow frame of light wood.
  • (n.) A broad wooden shoe or patten for a man or horse, to enable him to step on marshy or soft ground.
  • (v. t.) To strike with, or as with, a racket.
  • (n.) Confused, clattering noise; din; noisy talk or sport.
  • (n.) A carouse; any reckless dissipation.
  • (v. i.) To make a confused noise or racket.
  • (v. i.) To engage in noisy sport; to frolic.
  • (v. i.) To carouse or engage in dissipation.

Example Sentences:

  • (1) I would hope that a Labour party led by Ralph Miliband's son would recognise that, and be committed to ending the capitalist racket once and for all.
  • (2) In language eerily familiar to student politicians across the land, Abetz continued: “The new managing director will inherit an unbalanced and largely centralised public broadcaster which has become a protection racket for the left ideology.” For decades the highly trusted public broadcaster has weathered a relentless stream of attacks by the crusaders of the (increasingly) hard right in Australia.
  • (3) "I was skint," claims Reni, adding, "when I went to audition for this lot I thought that they were a horrible racket, but I was struck by their commitment.
  • (4) There is the tennis racket kitted out with motion sensors to help you improve your game .
  • (5) The influences of body weight, skill level, and tennis racket construction onto the magnitude of vibrations at wrist and elbow were investigated.
  • (6) for the word "brave" at the end of the national anthem, still booed the Panthers' players as they entered the field and still made a racket as the opposition lined up for key third downs.
  • (7) Libertarianism in the hands of these people is a racket.
  • (8) "I've always liked being on the court, I never like just putting the rackets away for two and a half, three weeks.
  • (9) Mexican drug cartels have been waging an increasingly bloody war to control smuggling routes, the local drug market and extortion rackets, including shakedowns of migrants seeking to reach the United States.
  • (10) He's still a genius, he's still got it, and that bigger racket seems to be suiting him perfectly.
  • (11) Jamie changed rackets after netting a smash on the final point of the fourth game but there seemed something more fundamentally wrong with his tennis than his equipment.
  • (12) If the 40-year-old and his three co-accused are sent to the US they will face charges of racketeering, money laundering and copyright theft, carrying potential jail terms of 20 years.
  • (13) Their influence was such that they dealt directly with government ministers, he said, and steered clear of low-level criminal activities such as racketeering.
  • (14) Murray earned $1.9m (£1.1m) for his maiden major victory to go with career earnings of $21.5m (£13.4m) and is worth £24m through endorsements and prize-money; Perry turned pro after beating Budge and made much more through his famous shirts than he ever did with a tennis racket.
  • (15) Planned Parenthood’s lawsuit, filed in California, accuses the group of violating the Racketeer Influence and Corrupt Organization Act.
  • (16) Ben Stephenson, the BBC's head of drama, said much the same at the Edinburgh festival but did not add that television is a racket, too.
  • (17) The officer told Amnesty some police have established a racket with funeral homes, who pay them for each dead body sent their way.
  • (18) The assistants – old garage heads who clearly loathed this racket the kids were making – dismissively lobbed a pile of white labels on to the counter.
  • (19) German publishers have attempted to sue Eyeo , the makers of the most popular ad-blocking software, Ad Block Plus, which charges publishers for putting them on a “whitelist” of sites whose ads it allows to pass through its systems (an approach Jarvis labels “racketeering”).
  • (20) Much of the mutual "business" of the SNB is based on simple rackets, construction on some of the biggest plots and state tenders, all controlled by a group of top people in the SNB.