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Final answer:
External fraud involves deceitful acts aimed at personal gain outside the government. It includes manipulation of records and unauthorized access to government facilities. White-collar crime aligns with this type of fraudulent behavior.
Explanation:
External fraud refers to felonious acts of corruption or attempts to cheat the government by individuals or entities outside the government. It involves illegal actions aimed at obtaining personal gain through deceit, violations of trust, or concealment of information.
Examples of external fraud include manipulating government records to misrepresent financial transactions, or unauthorized access to government facilities by unauthorized personnel, with intentions to deceive or cheat the government.
White-collar crime is synonymous with this type of fraudulent behavior, involving professionals engaging in deceitful acts for financial gains, often without resorting to physical force or violence.
Learn more about Definition of external fraud here:
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