In Virginia, an actual fraud is defined as a misrepresentation of a material fact, knowingly and intentionally made, with the intent to mislead another person, which that person relied upon, with the result that they were damaged by the misrepresentation. The Supreme Court of Virginia also recognizes the concept of “constructive fraud.” Constructive fraud is a misrepresentation of a materials fact, innocently or negligently made, with the intent that a person will rely on it and which that person relied upon with the result that they were damaged by it.
When a person is damaged by either an actual fraud (intentional misrepresentation) or a constructive fraud (negligent misrepresentation), the Supreme Court of Virginia has recognized that they have a civil claim for money damages against the wrongdoer.
If you believe that you, or your business, have been the victim of a fraud, you owe it to yourself to consult with an experienced attorney in this area of the law.
Here at The Mottley Law Firm, we have many years of experience in this area, and would be glad to speak with you about your situation. Please reach out to us for a consultation by calling the number on this website, filling out one of the contact forms here, or chatting with one of our representatives in the chat box on this website.
