How is civil fraud different from criminal fraud?

Civil fraud and criminal fraud are two distinct types of fraud that involve misrepresentation, deception, and theft of property. Civil fraud is a civil action that occurs when someone misrepresents facts or withholds key information to gain a financial or other advantage. It involves a breach of trust and is typically a civil wrong that causes harm to another person or business. In Washington, civil fraud claims include, but are not limited to, breach of contract, false advertising, and fraud in a business transaction. The goal of civil fraud is to obtain financial compensation from the perpetrator. Criminal fraud, on the other hand, is a criminal act that involves cheating or deceiving another person or business for personal advantage. It involves intentional acts, such as deception or misrepresentation, and is punishable by jail time. Examples of criminal fraud in Washington include theft, money laundering, and identity theft. The goal of criminal fraud is to seek justice by punishing the perpetrator with a criminal sentence. In summary, civil fraud is a civil action that seeks financial compensation from the perpetrator, whereas criminal fraud is a criminal act that seeks justice through punishing the perpetrator with a criminal sentence.

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