Fraud
Billions of dollars in potential revenues are lost to businesses and corporations due to business fraud. In recent times, fraudulent acts have become more complicated as businesses have become complex entities.
Fraud is considered both a criminal act and a civil law violation. Broadly defined, it is an intentional deception committed for personal gain or to damage an individual or business.
Based on common law, fraud has nine elements:
- The falsity of the act
- Representation of an existing act
- Materiality
- The speaker’s knowledge of its falsity
- The speaker’s intent that it should be acted by the complainant
- The plaintiff’s ignorance of the falsity
- The plaintiff’s reliance on the truth of the representation
- The plaintiff’s right to rely
- The damages suffered by the plaintiff
Business and Corporate Attorneys can provide you with guidelines on how to protect your business against fraud or help you pursue claims against fraudulent acts committed by individuals or business against your business.
We have the skills and experience in litigating common forms of business fraud such as the following:
- Accounting fraud
- Auditing fraud
- Insider trading
- Bank fraud
- Forgery
- Embezzlement
Call us at our toll-free number and get a free case evaluation.