Just like other forms of fraud, business fraud occurs when an entity has intentionally deceived another entity for financial reasons. Some common examples of this are theft/embezzling and making knowingly false representations to others.
This is different than consumer fraud, which is when companies mislead customers into making a purchase based on false information. Both sides of the case can become difficult quickly. The business (defendant) will often be sued for other things in the same suit, such as breach of contract. The consumer (plaintiff) has the burden of proof and truly didn’t know any better than to believe the deception.
Regardless of your situation, call our team today for a free consultation!