What is the statute of limitations for consumer fraud?

The statute of limitations for consumer fraud in Oklahoma is three years from the date of the fraudulent activity. This means that the person who has been fraudulently injured must file a claim to the court within three years of the date the fraudulent activity was discovered or should have been reasonably discovered. However, if the injured person is not aware of the fraudulent activity within three years, then the statute of limitations may be extended to five years. Consumer fraud is a broad term that is used to describe any type of deceptive sales tactics, false advertising, misuse of consumer funds, and other forms of deceptive conduct that harm consumers. Consumer fraud laws exist to protect consumers from such illegal activities. In Oklahoma, the Consumer Protection Unit of the Attorney General’s office is responsible for investigating consumer fraud cases. In some cases, the court may impose a longer statute of limitations on consumer fraud cases. This is particularly true when the injured party can show that the perpetrator deliberately concealed the fraud or that the injured party was not aware of the fraudulent activity until after the three-year period had expired. Additionally, when a minor or other mentally incapacitated person has been the victim of consumer fraud, they may have more time to bring a claim against the perpetrator. Overall, consumer fraud cases in Oklahoma must be brought to court within three years of the date the fraud was discovered or should have been reasonably discovered. However, there are some situations in which the statue of limitations may be extended beyond this time frame.

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What is the statute of limitations for consumer fraud?

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