Fraudulent information definition

Fraudulent information means purposely erroneous or untruthful information.
Fraudulent information means incorrect information intentionally provided with the purpose of obtaining benefits to which the applicant would not otherwise be entitled.
Fraudulent information means any and all information obtained from the potential borrower(s) or any reference source that would, according to standard practices and procedures in the mortgage lending industry, be within the control or knowledge of Broker, or which should have been discovered by Broker through the exercise of due diligence, as well as any appraisal related information which is the result of, or is communicated because of, any relationship or transaction between the appraiser and Broker;

Examples of Fraudulent information in a sentence

  • Fraudulent information provided will trigger clause (a) seen above.

  • Fraudulent information listed on the membership application will be cause to revoke the membership without reimbursement.


More Definitions of Fraudulent information

Fraudulent information means information provided or withheld intentionally for the purpose of obtaining benefits that a person would not otherwise be entitled to receive.
Fraudulent information means information provided or withheld intentionally with the purpose of obtaining bene- fits which a person would not otherwise be entitled to receive.

Related to Fraudulent information

  • fraudulent practice means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of any bidder, and includes collusive practice among bidders (prior to or after bid submission) designed to establish bid prices at artificial non-competitive levels and to deprive the bidder of the benefits of free and open competition.

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • corrupt and fraudulent practice means the offering, giving, receiving, or soliciting, of anything of value to influence the action of a public official or the contractor in the procurement process or in contract execution to the detriment of the procuring agency; or misrepresentation of facts in order to influence a procurement process or the execution of a contract, collusive practices among applicants/bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the procuring agency of the benefits of free and open competition and any request for, or solicitation of anything of value by any public official in the course of the exercise of his duty;

  • Corrupt and Fraudulent Practices means either one or any combination of the practices given below;

  • Dishonest or Fraudulent Act means any dishonest or fraudulent act, including “larceny and embezzlement” as defined in Section 37 of the Investment Company Act of 1940, committed with the conscious manifest intent (1) to cause the Insured to sustain a loss and (2) to obtain financial benefit for the perpetrator or any other person (other than salaries, commissions, fees, bonuses, awards, profit sharing, pensions or other employee benefits). A Dishonest or Fraudulent Act does not mean or include a reckless act, a negligent act, or a grossly negligent act.