Fraud under the law can take many forms. It can arise through contracts, advertising and statements. Common forms of fraud are financial Ponzi schemes and Pyramid schemes, which target the public.
Fraud is usually based on a false statement that leads someone to enter into a contract. This is known as an “intentional misrepresentation” action. However, fraud can also arise from a withholding or concealing an important fact. This type of fraud is known as “concealment.” In fact, fraud can also arise from a statement that someone believes an important fact to be true when it is not, but states it under a negligent manner, also known as “negligent misrepresentation.”
There are many financial remedies in fraud matters. The attorneys at the Ara J Law firm have handled and tried several fraud cases. In fact, the attorneys at the firm have successfully resolved all fraud cases they have tried. Cases tried have included Ponzi scheme cases, construction fraud and false/inflated billing schemes.