What types of civil fraud exist?

Civil fraud is a legal term describing a wide range of deceptive acts or misrepresentations made by one party to another for financial gain or another unlawful purpose. In California, there are several specific types of civil fraud that may be prosecuted by the state. One type of civil fraud is fraudulent concealment. This is when someone deliberately hides or misrepresents a fact or condition in order to induce another person to enter into a transaction. Examples may include intentionally omitting key information in a contract or failing to disclose a conflict of interest. Another type of civil fraud is negligence. This is when someone fails to exercise the reasonable care and skill necessary to protect another person from harm. Examples can include professionals who provide inadequate services or care and professionals who fail to exercise due diligence when providing services or care. A third type of civil fraud is fraudulent misrepresentation. This is when an individual intentionally misrepresents a fact or condition to another person in order to induce that person to act in a certain way. Examples may include making false or exaggerated claims about a product or service or using false documents or fake identities to obtain goods and services. Finally, a fourth type of civil fraud is fraudulent inducement. This is when an individual offers false or misleading information, or gives a false promise, in order to induce another person to enter into a contract or transaction. Examples can include providing a fraudulent deposit receipt or using sales “bait and switch” tactics to convince someone to purchase a product or service. Although all types of civil fraud in California may be prosecuted, the specific penalties and remedies available can vary depending on the type of fraud committed and the laws of the specific state or locality where the fraud occurred. As such, it is important to speak with an attorney if you believe you have been the victim of civil fraud.

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What types of civil fraud exist?

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