Fraud can leave you facing significant financial troubles that can spill over into other areas of your life. If you were the victim of fraud carried out by another party, you could be entitled to recover compensation. An experienced Minnesota fraud attorney can help you recover the compensation you need and deserve from the party that defrauded you.
At Madia Law, we have a long history of winning big for our clients. We never shy away from taking a case to court and have recovered more than $50 million on behalf of our clients. Reach out to us today through our website or by phone to schedule a free case evaluation with a member of our legal team.
Different Types of Fraud
Fraud can come in many forms. Any unlawful deception that deprives one party of money or property to the benefit of another is considered fraud. The tactics of fraudsters are constantly changing, making it difficult for victims to identify when they are being defrauded. Fortunately, our Minneapolis fraud attorneys and St. Paul fraud attorneys can help you identify whether or not fraud occurred.
Some of the most common fraud cases we handle include:
- Wire fraud
- Bankruptcy fraud
- Credit card fraud
- Securities fraud
- Tax fraud
Speaking with an experienced Minnesota fraud attorney is essential after you have been victimized. You should contact a lawyer if you suspect that fraud occurred, even if you are not positive. An attorney will be able to review the details of your case to determine whether fraud was the cause of your losses or not.
For a legal consultation with a fraud lawyer serving Minnesota, call 612-349-2729
The Best Time to File Your Fraud Lawsuit
When attempting to recover compensation by filing a lawsuit against the liable party, there are many things you should keep in mind. Identifying the right time to file can be critical for the success of your case.
The Statute of Limitations
One of the things you need to consider when deciding when to file your lawsuit is the filing deadline. In Minnesota, the statute of limitations for fraud cases is six years. If you fail to file within this period, you will likely be out of options for recovering compensation. While six years may feel like a long time, it can pass quickly if you aren’t careful.
Furthermore, you could find yourself in a position where the details of your case put further limitations on the amount of time you have to file. Hiring an attorney as soon as possible after you discover the fraud is the best way to ensure you are protected from an unexpected deadline.
An experienced lawyer can also identify whether an exception in your case actually allows you additional time to file your lawsuit.
Evidence and Witness Testimony
Another benefit of hiring an attorney early is that doing so will put them in the best position to collect evidence and build a strong case on your behalf. The further removed from the date of the fraud, the more difficult it will be for your attorney to gather valuable evidence.
Additionally, any witness testimony supporting your claim will become less reliable if further removed from the date of the fraud. The earlier your attorney can get to work on your case, the higher the chances they will be able to secure a favorable case result.
A Criminal Fraud Trial Verdict
Although it is always going to be in your best interest to hire a fraud lawyer soon after you discover that you were defrauded, you may want to wait to file your lawsuit. If the liable party is facing criminal charges, your attorney may advise you to wait to file your lawsuit until the criminal case has concluded, as a guilty verdict can be used as evidence in your civil case.
While a guilty verdict will help your case, a not-guilty verdict won’t hurt it. The burden of proof in criminal cases is much higher than in civil lawsuits. In a criminal case, the prosecution must prove the defendant’s guilt beyond a reasonable doubt. Meanwhile, in a civil case, you only have to prove that they, more likely than not, were responsible for defrauding you.
Minnesota Fraud Lawyer Near Me 612-349-2729
Damages an Experienced Fraud Attorney in Minnesota Can Pursue on Your Behalf
If you fell victim to fraud, you will likely be able to claim a variety of damages. The specific damages that apply to your case will vary depending on the specific details of your situation. To recover the full amount your case is worth, it is critical that you identify all the damages that apply.
Economic Damages
The most commonly awarded compensation in fraud cases is economic damages. These damages serve as compensation for any losses you incurred as a result of the fraud that directly impacted your finances. Additionally, indirect financial losses, like the loss of employment caused by the fraud, can also be compensated through this category.
Non-Economic Damages
There is a strong chance that your case will also qualify you to collect non-economic damages. Non-economic damages in fraud cases may be awarded for a variety of reasons.
For example, if the financial challenges caused by the fraud put strain on your personal relationships and lead to the end of your marriage, you can claim damages for emotional distress.
Any decrease in your quality of life resulting from the fraud can lead to non-economic damages being awarded.
Punitive Damages
Punitive damages are also commonly available in fraud cases. Those who commit fraud do so intentionally. Because of this, the court is likely to award damages to punish the liable party for their behavior. In addition to the punitive damages awarded in a civil lawsuit, the fraudster may also face fines in a criminal trial.
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Get in Touch With an Experienced Minnesota Fraud Lawyer Today
Securing the services of an experienced fraud lawyer serving Minnesota is the best way to ensure you recover the compensation you need and deserve. At Madia Law, we are more than willing to take your case to trial to ensure you recover the compensation you need and deserve.
Contact us today by completing our online contact form or giving us a call and schedule your free intimate consultation with a member of our legal team.
Call 612-349-2729 or complete a Case Evaluation form
