Curbing fraudulent behaviour
Language: English Series: Estates Gazette ; (0722) 2 June 2007, 156(1)Publication details: 2007Subject(s): Summary: Describes changes in the law due to the Fraud Act 2006, which came into force on 15 January 2007. More instances of deception may now be classed as fraud. Parties now do no have to suffer actual loss. Fraud may be perpetrated by placing another party in a position where they may suffer loss. Such cases have already come to court. Fraud can be committed by false representation, failure to disclose information when there is legal duty to do so, and by abuse of position. Agents who exaggerate bids in order to obtain higher offers are now committing fraud.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L138426 (Browse shelf(Opens below)) | 1 | Available | 138426-1001 |
Describes changes in the law due to the Fraud Act 2006, which came into force on 15 January 2007. More instances of deception may now be classed as fraud. Parties now do no have to suffer actual loss. Fraud may be perpetrated by placing another party in a position where they may suffer loss. Such cases have already come to court. Fraud can be committed by false representation, failure to disclose information when there is legal duty to do so, and by abuse of position. Agents who exaggerate bids in order to obtain higher offers are now committing fraud.