Bank fraud is an instance and a criminal offense in which an individual or group is misrepresenting specific bank related information or facts in order to steal, obtain or otherwise take advantage of the banking industry. Bank fraud is often a criminal offense involving the misrepresentation of identity, financial information or other personal details. Fraud occurs when the individual makes statements or takes actions that they know are false in some way. Bank fraud may involve small-scale claims or omissions of facts, or they can be larger instances of theft and misrepresentation. Bank fraud may involve any type of bank abuse, including accounts, investments, loans, credit cards or other types of activities involving a bank or a bank related activity.