FRAUD – Legal Liability for Fraud – Civil Tort for Intentional Fraud and Deceit
August 09, 2019
The most common question we get is: “What is Fraud”? Civil fraud arises when a wrongdoer utilizes deceitful or intentionally wrongful means for personal or monetary gain often at the cost of another. The wrongdoer is subject to legal liability for civil fraud, and can be held legally liable if the fraud victim can prove that they were intentionally defrauded and incurred damage from the deceit. A fraud victim can recover legal and punitive damages for fraud in a civil claim, holding the wrongdoer legally liable in a civil setting.
There are various grounds for which a wrongdoer can be held legally liable for fraud, one of which is intentional fraud and deceit. A fraudster is held legally liable for fraud when money, property or personal gain is acquired by misrepresenting material facts with the intention of deceiving a victim.
California Civil Code 1709: encapsulates legal liability for Intentional Fraud and Deceit as follows:“One who willfully deceives another with intent to induce him to alter his position to his injury or risk, is liable for any damage which he thereby suffers”
If you have fallen victim to fraud or have questions about legal liability as it relates to fraud we encourage you to contact our offices at 619-432-5145 for a free consultation with one of our civil fraud attorneys and fraud lawyers.