fraud (frôd) n. 1. A deception deliberately practiced in order to secure unfair or unlawful gain. 2. A piece of trickery; a trick. 3.a. One that defrauds; a cheat. b. One who assumes a false pose; an impostor. [Middle English fraude, from Old French, from Latin fraus, fraud-.]
By the actual definition you post here you are correct. I was discussing the issue as a criminal offense. I'm not sure there is any of that here. Also, going strictly by the definition of fraud there is some fraud I approve of. Is an undercover agent involved in some kind of trickery? Is he an imposter? If that is fraud then I approve of it in that case. Do you?
What does this proposed bill have to do with Nagin? He's not getting any of the money. It's not even a gift, but a loan to be repaid.