For more information, visit: Common law fraud is the intentional misrepresentation of material facts presented to and relied upon by another party to his detriment. It is the version of fraud that has been established through the traditional application of English common law by local courts for hundreds of years. The crime of fraud has since been codified in various jurisdictions, but lawyers often allege common law fraud in addition to the applicable statutory fraud as an alternative position in case the elements of statutory fraud prove harder to establish.
What Is Common Law Fraud
For more information, visit: Common law fraud is the intentional misrepresentation of material facts presented to and relied upon by another party to his detriment. It is the version of fraud that has been established through the traditional application of English common law by local courts for hundreds of years. The crime of fraud has since been codified in various jurisdictions, but lawyers often allege common law fraud in addition to the applicable statutory fraud as an alternative position in case the elements of statutory fraud prove harder to establish.
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