Fraud facts Fraud facts Fraud is the intentional deception of another person. Five defining elements must be fulfilled in order for fraud to exist legally. There must be misrepresentation of material fact and the misrepresentation must be intentional. The misrepresentation must have been the intent that someone else would rely upon it. The misrepresentation must have been relied upon and because of this suffered some damages.
Fraud can render a contract invalid.
If someone defrauds you, it may be grounds for a personal injury lawsuit. Consult an experienced attorney in your area for more information regarding fraud.