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LSDefine

Simple English definitions for legal terms

fraud on the community

Read a random definition: surveyor of the port

A quick definition of fraud on the community:

Fraud on the community is when someone lies or hides important information to trick others into doing something that hurts them. This is usually against the law and can result in punishment. It can happen in many different situations, like when someone lies to a bank or cheats on their taxes. Sometimes it's called "intentional fraud" because the person doing it knows they're being dishonest.

A more thorough explanation:

Definition: Fraud on the community is a type of fraud where a person knowingly misrepresents the truth or conceals a material fact to induce others to act to their detriment. It can also refer to unconscionable dealing or unfair use of power resulting in an unconscionable bargain.

Examples:

  • A company knowingly misrepresents the quality of their products to customers, causing them to purchase inferior goods.
  • A landlord conceals the fact that a property has a history of flooding, causing tenants to suffer property damage and financial loss.
  • A car dealership uses high-pressure sales tactics to convince a customer to purchase a car they cannot afford, resulting in financial hardship.

These examples illustrate how fraud on the community can harm individuals and the community as a whole. It can lead to financial loss, damage to property, and other negative consequences. It is important to be aware of this type of fraud and take steps to protect oneself from it.

fraud on creditors | fraud-on-the-market principle

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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