Fraud is a word used many ways. In the legal profession, fraud means any deliberate lie or deception that’s carried out with the goal of enriching oneself. Typically, the people who are deceived by the fraud lose money or other assets while the person who commits the fraud makes a profit.
Examples of fraud include:
- Identity theft
- Stealing credit card numbers and using them without permission
- Email and phone scams that trick you into giving up passwords, bank accounts or other sensitive information
Fraud is illegal and can be penalized through the criminal courts. However, it’s also possible to sue someone who has defrauded you in civil courts. The difference is that criminal courts seek to punish the fraud while civil courts seek to get you your money back. Civil courts also have a lower standard of proof, making it easier for you to win your case.
What counts as fraud in Georgia?
Any case of fraud must involve four main factors:
- The person misrepresented the truth
- They knew that the information was inaccurate at the time they presented it
- They did this with the intention that you would trust the information provided
- You ended up suffering some kind of loss as a result of believing the misinformation
Depending on the type of fraud you suffered, the toughest part may simply be identifying who committed the fraud—such as an online scammer. But if the person has been apprehended, you have a right to recover all of your losses.
Have you been injured? John Foy & Associates offers a free consultation with some of the most experienced and respected personal injury lawyers in Georgia. Fill out the form to your right or call us at 404-400-4000 to get your FREE consultation today.