Limitedrisk
fraud
–noun
1.
deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.
If I ran a catering business and happily accepted your full payment for my services in a month's time, knowing that I did not have the resources to fulfil said 'contract'; but I was of the hope that the good will of my overworked & underpaid staff to make up my short comings would be fruitful when required, however, that idea - the very day of the job - proved wrong; would that not be tantamount to the above.
I have taken your money knowing I can't do the job. "But I was hopeful your Honour!"
Running a business using the good will of staff may work if you treat your staff with some respect. And if you pay lip service to the very elements that that industry is built on, well really, what hope have you got...