Unfortunately, fraud is a common problem that can leave a victim with significant financial troubles as well as other issues. If you suffered losses because of fraud committed by another party, you may be entitled to compensation. An experienced fraud attorney in Minneapolis can help you pursue the money you need and deserve from the liable party.
Madia Law’s Minnesota fraud lawyers have secured millions of dollars in damages for our clients. We know how fraud cases are handled in Minnesota and will do everything in our power to ensure you get the compensation you need and deserve. Contact us today by phone or through our website to schedule a free case review.
Fraud Can Come in Many Forms
People who have been defrauded are often unaware that a crime has been committed until well after the fact. Fraud can take many forms, and fraudsters are always changing their approach to avoid legal consequences. If you were the victim of fraud perpetrated by another party, an experienced lawyer can help you get the money you need.
Some of the most common forms of fraud include:
- Credit card fraud
- Bankruptcy fraud
- Tax fraud
- Wire fraud
- Securities fraud
Even if you are not sure you were defrauded, if you think another party may have taken advantage of you, it is critical that you consult an experienced fraud lawyer in Minneapolis to ensure you get the money you need and deserve.
For a legal consultation with a fraud lawyer serving Minneapolis, call 612-349-2729
Determining When to File Your Fraud Lawsuit
When pursuing compensation through a lawsuit after suffering damages from fraud, you must ensure you file at the right time. There are multiple factors to consider when deciding when you will file your lawsuit.
The Statute of Limitations
The Minnesota statute of limitations for fraud cases permits victims to file a lawsuit within six years of discovering the fraud. Missing the filing deadline will likely prevent you from pursuing compensation for your losses. Six years likely sounds like a long time. However, if you delay taking action, it will pass quicker than you expect.
Furthermore, there are situations where the details of a case further limit the time you have to take legal action. At the same time, you could find yourself able to pursue compensation well beyond the usual filing deadline.
By hiring an attorney soon after your accident, you can identify the exact deadline that applies to your case and ensure that all the required paperwork is filed on time.
Building the Strongest Case
Getting started early will also help your attorney build the strongest case on your behalf. Collecting evidence will likely be more challenging if your lawyer is not hired soon after the fraud occurs. Additionally, any witness testimony you intend to use will be less reliable the further removed from the time the fraud occurred.
Giving your attorney a chance to get started on your case as soon as possible will greatly improve your odds of securing a positive case result.
The Results of a Criminal Fraud Case
While you should hire a lawyer as soon as possible when attempting to recover compensation in a fraud case, they may advise you to wait to actually file a lawsuit. Your lawyer will build your case from the time you hire them. However, they may wait to file if the liable party is facing criminal charges.
If they are found guilty of criminal fraud, the verdict can serve as evidence in your case. Meanwhile, the verdict will not hurt you if they are found not guilty.
The burden of proof in criminal cases is much higher than in civil lawsuits. In a criminal case, the prosecutor must prove the defendant’s guilt beyond a reasonable doubt. However, in a civil case, you must only demonstrate that it is more likely than not that the defendant defrauded you. Because of this, a guilty verdict can be very helpful, while a not-guilty verdict won’t hurt.
Minneapolis Fraud Lawyer Near Me 612-349-2729
Damages Your Minneapolis Fraud Attorney Can Help You Recover
If you were the victim of fraud committed by another party, you may be entitled to compensation. The exact damages you are eligible to pursue will depend on the specific circumstances of your case. Determining all the damages you qualify to pursue is vital for recovering the full amount your case is worth.
Economic damages are the most common damages awarded in fraud cases. These damages are used to replace any financial losses you suffered due to the fraud of the at-fault party. Beyond the direct financial losses, you can also recover money if the fraud resulted in the loss of your job.
Non-economic damages may be available in your case, depending on the losses you sustained. For example, if the financial strain caused by losing money due to fraud resulted in the end of a marriage, you could be entitled to damages for emotional distress. Any quality of life loss caused by the fraud can potentially result in the awarding of non-economic damages.
Punitive damages are frequently awarded in fraud cases. Fraud is a criminal offense, and punitive damages are meant to serve as a form of punishment. Additionally, if the liable party is facing a criminal charge, they could also be fined for the damages they caused if convicted, in addition to any financial obligations resulting from a civil lawsuit.
Get Help From an Experienced Fraud Lawyer in Minneapolis Today
Working with an experienced attorney is the best way to ensure you recover the compensation you need and deserve after suffering damages resulting from fraud. At Madia Law, our team of Minneapolis fraud lawyers has a long history of winning big for our clients. We have extensive experience in the courtroom and are not afraid of taking your case to trial.
Contact us today by giving us a call or completing our online contact form and schedule a free case review with a member of our team.