What is the difference between civil fraud and breach of fiduciary duty?

The difference between civil fraud and breach of fiduciary duty in West Virginia is the type of harm that an individual or entity may suffer as a result of dishonesty or misconduct. Civil fraud is a type of misrepresentation or deception that causes someone to suffer an economic or financial loss. It involves some form of false pretenses or misleading statement that induces someone to part with their money or property. When civil fraud occurs, West Virginia law allows the person who has suffered the harm to file a civil lawsuit against the person or entity who engaged in the fraudulent behavior, and seek financial damages to compensate for their losses. On the other hand, a breach of fiduciary duty is a type of wrong which occurs when a person or entity breaches a duty of trust or care which was owed to someone else. This type of wrong is often seen in professional relationships such as between a lawyer and client, or a financial advisor and client. When a breach of fiduciary duty occurs in West Virginia, the person or entity who was harmed can file a civil lawsuit seeking damages to make up for the harm they suffered as a result of the breach. In summary, civil fraud involves a type of misrepresentation or deception that causes an economic or financial loss, while a breach of fiduciary duty involves a breach of a duty of trust or care that was owed to another.

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What is the difference between civil fraud and breach of fiduciary duty?

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