Fraud Attorney in Miami, Florida
What types of fraud have you seen in your practice?
What types of fraud have you seen in your practice?
Miami, FL commercial litigation attorney Robert Zarco talks about the types of fraud he’s seen in his practice. He explains that he has encountered various forms of fraud. One is active fraud, where a party knowingly makes a false representation to induce another to act differently. This type of deliberate misrepresentation constitutes clear fraud.
Another form is fraud by omission or concealment, a passive type of deception. In these cases, a party fails to disclose a known material fact that, if revealed, would have influenced the other party’s decisions—potentially preventing them from entering into a business relationship or leading them to make different choices.
He notes that in the franchise industry, it is not uncommon for franchisees to encounter incomplete or misleading information. Concealing critical details or making exaggerated claims can occur, particularly as franchisors at varying stages of system maturity seek to expand quickly. While such practices have been prevalent, ongoing efforts aim to increase transparency and reduce misleading statements within the franchise sector.
