Tackling Fraud In The Investment World

Reckless scheming, half-truths and plain lies are sometimes at the root of investment opportunities that have gone awry. While you have gone in earnestness to listen to an entrepreneur pitch his or her company and idea, you did not expect to be taken for a fool.

You opened your bank book as an investor and believed in their pitch, hoping to get on the ground floor of a start-up company. But everything you learned about the company was not true. Your money was stolen by a serial entrepreneur, relying on dishonesty and illegal maneuvers. This is a definitive case of fraud and misrepresentation. Now you need a business litigation attorney. Carbajal Law in Las Vegas has the know-how, confidence and tenacity to guide you.

Thorough And Determined

A highly skilled litigator, founding attorney Hector J. Carbajal II examines every legal avenue that will benefit you. Not only is he professionally invested in your case, but he is personally invested as well. No litigation case is too complex for Mr. Carbajal as he thoroughly investigates. Highly respected by legal peers, Mr. Carbajal has made the Super Lawyers list for four consecutive years since 2017.

He brings more than 22 years of legal experience in helping investors get their money back, while punishing the culprits in court. He will do his best to prove your case without a doubt. You relied on statements you believed were true, but suffered great losses as a result. Sometimes, the business world is filled with chance, but, in this case, it was plain fraud.

Frequently Asked Questions About Fraud And Misrepresentation

Do you believe that you may have been the victim of investment fraud or misrepresentation? Let our attorneys evaluate your case, and read through the following for the answers to some common questions:

What is the difference between fraud and misrepresentation in Nevada, and why does it matter?

Investment fraud and misrepresentation can both lead to serious financial harm. However, these two terms have a major difference. Fraud refers to situations where a person intentionally makes a false statement about an investment with the intent to deceive another. Misrepresentation, in comparison, occurs when a person makes false statements negligently or simply by mistake – but without malicious intent. In other words, the difference between the two is that fraud means a person intentionally acts in a way to take advantage of another person. Both can lead to lawsuits that can help victims recover their damages, but fraud may also lead to criminal penalties.

How is fraud proven in Nevada?

Several key elements have to be established as “more likely than not” to prove fraud in a civil claim:

• The defendant made a false claim.
• The defendant either knew their claim was false or made the statement without regard for the truth.
• The defendant’s claim was intended to deceive the plaintiff.
• The plaintiff reasonably believed the defendant and acted based on that false statement.
• The plaintiff’s reliance on that false claim caused them to suffer a quantifiable loss.

Every case is fact-specific, and it is important to carefully collect all supporting evidence.

Can I recover damages from a fraud lawsuit?

Yes. If a fraud lawsuit is successful, you may be entitled to compensatory damages for your losses. The defendant may also face punitive damages if the fraud case is successful, which are meant to punish the defendant for the intentional act of deceiving the plaintiff. We can help you determine the value of your fraud lawsuit and recover the maximum compensation possible.

How long do I have to file a fraud lawsuit once I discover the issue?

Typically, you have three years to file a fraud lawsuit from the date the fraud was discovered or should have been discovered, per Nevada Revised Statutes (NRS) §11.190(3)(d). This is known as the statute of limitations. Missing the deadline will prevent you from filing suit forever.

Because there are sometimes complex issues involved that can affect the running date for the statute of limitations, it is best to speak to an experienced lawyer as soon as you suspect fraud.

Get A Free Consultation

You have been financially harmed due to fraud and misrepresentation of an investment scheme. Now, you need the effective legal skills of an experienced business litigator. Carbajal Law in Las Vegas will go after the con artists who stole your money. We are ready to go to trial for you. For a free initial consultation, contact us online or call 702-829-7476.