Francelina M. Perdomo Klukosky, Esq.
Manhattan, NY: (212) 980-7206
Commercial Fraud Litigation
Commercial Fraud Litigation Lawyer NYC - Francelina M. Perdomo Klukosky of Perdomo Law
Commercial Fraud Litigation Law Firm, Perdomo Law in Manhattan New York, NY
Fraud harms everyone, even if they are not the ones experiencing fraudulent behavior. The manufacturers lose sales. The suppliers of goods and services lose customers. Consumers lose money and confidence in the reliability of businesses. Employees end up without jobs or receive lower wages or benefits than they deserve. Commercial fraud can have profound consequences. American consumers lose between $3-$5 billion every year to corporate fraud. Anyone affected by the crime needs to have reliable legal representation to protect their rights and reputation.
What Is Commercial Fraud?
Commercial fraud occurs when someone in a position of power within a company intentionally uses deceitful behavior or information as part of their business practice. Fraudulent practices enable the business to gain some asset or benefit from another entity and cause damages to the entity in the process.
Who May Experience Commercial Fraud?
Fraud can affect entire corporations, consumers, or individuals. Every industry can experience commercial fraud. People working for a company that engages in fraudulent behavior may suffer from the actions of those performing the deceitful acts. Companies working with fraudulent businesses often experience losses. Suppliers or manufacturers, stockholders, and the public can experience the repercussions of unfair and unprofessional fraud.
What are Examples of Commercial Fraud?
A Commercial Fraud Litigation Lawyer can represent anyone who experiences any misrepresentation from a company or business leader. Diverse ways exist for companies and individuals to commit this deceptive behavior. Everyone should understand what to consider fraud and seek legal help for their losses.
- Counterfeit and Illegal Imports: Retailers and consumers suffer when illegal, dangerous, or counterfeit products come into the country or become part of the U.S. supply chain. Fake prescription medication and over-the-counter drugs can cause health complications. Counterfeit products may cost more than they are worth or create financial losses for companies selling genuine items.
- Fraudulent Workplace Behaviors: Employers and employees can commit fraud in many ways. Some people may create fictitious employees to put on the payroll and keep the wages for themselves. Some sell confidential data to competitors or identity thieves without regard for the damage they cause. Others commit large-scale thefts of insured inventory to sell for cash. Employers may pay their workers in cash to avoid paying taxes, workers' compensation insurance, and other employee-related costs.
- Faking Business Reports: Executives or others may delete payments and fail to report the revenue or create fake expense reports. Some may make false statements or manipulate their books to show profits they did not earn. Excess profits help encourage investors and falsely boost the company stock. Any lie told to investors or customers that leads to damages may qualify for Misrepresentation Litigation.
- Insider Trading: Using confidential corporate information to know when to buy and sell stock shares.
- Violation of Labor Laws: Some forms of fraud can involve employees. Labor law violations can include forcing people to work without pay or making them work in unsafe environments. Employers may fail to provide safety training or refuse to report workplace accidents so their employees can get medical treatment. Businesses may also employ people ineligible to work in the country or hire children too young for employment. Employers may also schedule those under 18 for more hours than the law allows or force teens to work in unsafe environments.
Who Should Contact a Commercial Fraud Litigation Attorney?
It can often take an extensive investigation to compile a complete list of the damages caused by corporations engaging in fraudulent behavior. Any business or individual with losses caused by fraud should contact a Commercial Fraud Litigation Attorney. A lawyer can expose the criminal behaviors of corporate executives, business owners, and others and help the victims gather the information they need to show proof of the damages suffered from the illegal actions.
Many commercial fraud cases become federal criminal cases. People still have the right to contact a Commercial Fraud Litigation Lawyer to discuss their experience and determine when to file a complaint. Corporations or others who have deceived many people may become the focus of a class-action lawsuit. A commercial fraud litigation law firm can help clients to determine if a class action exists and if they would benefit most from joining the suit or filing an individual claim.
Existing Business Needs and Litigation Support Package
Established businesses also have legal needs. Success can make a company more vulnerable to competition and litigation. Busy schedules can lead to mistakes. Francelina M. Perdomo Klukosky can look over contracts, goals, and procedures to see the details the people involved in the work may have overlooked. Our firm can assist with:
- Review existing contracts, provide comments, and redraft for improvement
- Provide opinion letters regarding contract enforcement
- Explore out-of-court settlement options for existing disputes
- Create a litigation plan for potential and existing disputes
Contact Commercial Fraud Litigation Attorney, Francelina M. Perdomo Klukosky for a Case Assessment
A fraud victim can feel angry, vulnerable, and unable to trust any company. At Perdomo Law, we understand the frustration and the need to regain losses after dealing with misrepresentation. Our team has the experience needed to get the best result. A commercial fraud litigation attorney can review the details of the case to determine the extent of the damages and how to proceed. Contact us to schedule a case assessment. Call today to make an appointment.
Please contact us for a case assessment.
Additional References
Perdomo Law
1270 Avenue of the Americas
Suite 2005
New York NY 10020
Phone: (212) 980-7206
Suite 2005
New York NY 10020
Business Hours
- Mon - Fri
- -
- Sat - Sun
- Closed
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