FRAUD – What Constitutes Fraud in California? What does a Cause of Action for Fraud by Negligent Misrepresentation in California Mean? What does a Cause of Action for Constructive Fraud in California Mean?
January 02, 2020
A common question we get is “[w]hat is Fraud in California” and “[w]hat constitutes Fraud in California”. Fraud occurs in a wide range of settings, such as business transactions, contract inducement, property purchases and other similar transactions. A cause of action for fraud arises when a party misrepresents material facts, makes false promises, or otherwise deceives another party with the intention of depriving them of their money, property, and/or rights.
Fraud by Negligent Misrepresentation or Constructive Fraud: A cause of action of Fraud by Negligent Misrepresentation or Constructive Fraud arises when:
A defrauding party makes a false statement of fact to a fraud victim with no reasonable basis for believing the statement is true. A defrauding party may be found liable even if the defrauding party believed the statement was true at the time of its publication. If the defrauding party, made the false statement intending that the fraud victim would rely on the misrepresentation of fact. The fraud victim did in fact reasonably rely on the false statement, which was a substantial factor in causing harm to them. The harm suffered by the fraud victim was actual and proximate a result of the negligent misrepresentation.
In this instance the defrauding party is liable for Negligent Misrepresentation or constructive fraud.
Causes of Action for Fraud in California: For other articles discussing the various causes of action for Fraud in California, links are included below:
For Fraud Verdicts in California: Our articles discussing Fraud verdicts in California are included below:
Fraud Damages: Our articles discussing Fraud damages in California are included below:
Recovery from the Victims Of Corporate Fraud Compensation Fund of California: For articles discussing damages:
If you have fallen victim to fraud or have questions about legal liability as it relates to constructive fraud, negligent misrepresentation, concealment fraud, fraudulently concealment, Intentional Fraud and Deceit, Promissory Fraud, False Promise, Conversion or breach of fiduciary 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.