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What (who) is extrinsic fraud - definition
extrinsic fraud
LEGAL CONCEPT
n. fraudulent acts which keep a person from obtaining information about his/her rights to enforce a contract or getting evidence to defend against a lawsuit. This could include destroying evidence or misleading an ignorant person about the right to sue. Extrinsic fraud is distinguished from "intrinsic fraud," which is the fraud that is the subject of a lawsuit.
See also: fraud intrinsic fraud
Extrinsic fraud
LEGAL CONCEPT
Extrinsic fraud is fraud that induces one not to present a case in court or deprives one of the opportunity to be heard or is not involved in the actual issues. More broadly, it is defined as:
Securities fraud
DECEPTIVE PRACTICE IN THE STOCK OR COMMODITIES MARKETS THAT INDUCES INVESTORS TO MAKE PURCHASE OR SALE DECISIONS ON THE BASIS OF FALSE INFORMATION
Investment fraud; Stock fraud; Investor fraud; Broker misconduct
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws."Securities Fraud Awareness & Prevention Tips faq by FBI, accessed February 11, 2013
Wikipedia
Extrinsic fraud
Extrinsic fraud is fraud that induces one not to present a case in court or deprives one of the opportunity to be heard or is not involved in the actual issues. More broadly, it is defined as:
