Fraud claims are serious matters that are given special scrutiny in our judicial system. Fraud usually involves a false promise or misrepresentation of an important fact. Fraud claims are often seen in situations in which one feels that s/he did not receive what was promised in a deal on transaction. For instance, if the seller of a car represented to the buyer that a vehicle had 25,000 miles on the odometer when in fact the vehicle had 50,000 and the seller knew at the time of the sale of the mistated fact, the seller may properly be accused of fraud.
A fraud claim can be used to recover damages or negate one’s consent to a contract – so as to unwind the transaction. A recovery on a fraud claim may result in the return of what was given to the wrong doer, plus actual damages, or the difference in the value of what was promised and what was actually received. In the example above, if the buyer sued for fraud, she may unwind the deal and recover the money she paid for the vehicle, plus actual damages, or she might seek to recover the difference in the value between a car with 25,000 as opposed to 50,000 miles.
Fraud cases are often complex, requiring a special level of proof to win. Knowing what rights and remedies are available to a fraud victim requires experience and knowledge. At Speckman Law Firm, we have been representing fraud victims for over two decades. We know how to win and how to maximize your recovery. Call us today for a confidential consultation with Attorney David Speckman.