Fraud occurs when one party deceives another for personal or financial gain. In the business world, fraud can occur in a variety of ways and most often occurs when an individual or a business falsely represents a product or service, falsifies records, or otherwise cheats business partners and clients out of money or benefits they are rightly owed. Fraud may also occur in one party has a duty to disclose something to another party about a transaction but fails to do so.
Indicators of Commercial Fraud
Commercial and business fraud is a broad category encompassing many possible fraudulent actions. However, some common indicators of commercial fraud include fraudulent acts and omissions:
- Improper billing practices
- Unfair trade practices
- Misleading documents
- Falsified record
- Withheld information material to the decision to enter into or continue with a transaction
If a company intentionally falsified their records in order to deceive clients and partners, they may have committed commercial fraud. Commercial and business fraud can have extremely detrimental effects on its victims, and those who have been deceived by another entity should fight back. Our business fraud attorneys are dedicated to helping the victims of commercial fraud pursue justice, and we may be able to put our experience to work for you.
We are committed to the rights of individuals and organizations who have been the victims of fraud. If you suspect you have been defrauded, we can look over each of the details of your case and help you determine your legal options. Contact the business fraud lawyers at the Burk Law Firm, P.C., today by calling 512-306-9828 or toll free at 1-888-476-9140 or via email to [email protected] with the subject line containing “Potential New Case” to speak with a qualified attorney.