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Old 08-11-2017, 04:50 PM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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David, arguably the difference in your example is that the misrepresented fact was not material to the buyer. But if it was material -- for example let's say they advertised some super premium expensive brand of coffee but instead without telling you substituted some cheap generic junk and you paid the premium prce -- then yeah that would be fraud too. Here, Larry represented his cards were something they were not, and for whatever reason, that made people willing to pay more for them than had he told the truth. Knowing misrepresentation of a material fact. Fraud.
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Last edited by Peter_Spaeth; 08-11-2017 at 04:52 PM.
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