Final answer:
Fraud can be committed to benefit either the individual or the organization, as evidenced by the act of identity theft, where personal information is used to make unauthorized purchases and incur debt.
Step-by-step explanation:
True, fraud can indeed be perpetrated to benefit oneself or to benefit one's organization. This deceptive action is carried out for personal gain or to provide an advantage to the organization, often at the expense of others. For instance, identity theft, also known as 'True-name Fraud,' entails the wrongful acquisition and use of a consumer's personal identification, credit, or account information without their permission. Thieves can use information such as a social security number, PIN, or password to commit fraud, potentially leading to drained savings accounts and incurred debts due to purchases of high-value items. Therefore, both individual and organizational benefits can be motives behind the act of fraud.