Difference between revisions of "Fraud"
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A '''fraud''' is a false representation of a matter of fact which is intended to deceive another. | A '''fraud''' is a false representation of a matter of fact which is intended to deceive another. | ||
| − | To prove fraud in court, a | + | To prove fraud in court, a victim must prove each of the "five fingers of fraud":<ref>In re Mau, 293 B.R. 919, 923 (Bankr. C.D.Ill. 2003)</ref> |
# a person made a material false statement | # a person made a material false statement | ||
Revision as of 12:50, August 4, 2008
A fraud is a false representation of a matter of fact which is intended to deceive another.
To prove fraud in court, a victim must prove each of the "five fingers of fraud":[1]
- a person made a material false statement
- he knew the statement was false
- he intended to deceive the victim
- the victim justifiably relied on the false statement
- the victim was damaged
References
- ↑ In re Mau, 293 B.R. 919, 923 (Bankr. C.D.Ill. 2003)