Exchange Currency

fiduciary fraud

Type of felony violation that occurs when a financial institution or advisor purposefully deceives a customer or client. A fiduciary is responsible for maintaining a relationship of trust. The violation occurs when the financial representative acts in his own interest at the detriment of his client.

Related information about fiduciary fraud:
  1. Fiduciary Fraud Definition | Investopedia
    Illegal practices committed by financial institutions and financial professionals that constitute a breach of trust between the financial agent and the client.
     
  2. What is fiduciary fraud? definition and meaning
    Definition of fiduciary fraud: Type of felony violation that occurs when a financial institution or advisor purposefully deceives a customer or client. A fiduciary is ...
     
  3. Fiduciary Fraud | American Wills & Estates
    Administrators, Trustees, Guardians and Executors of an estate all have a very high standard of care. They have been entrusted to oversee the proper and ...
     
  4. Breach of fiduciary responsibility - Encyclopedia - The Free Dictionary
    fiduciary (fĭd `shēĕ'rē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another. Among the common fiduciary relationships ...
     
  5. The New IRS - CI Restructured & Reorganized
    May 22, 2012 ... Fiduciary Fraud Definition ... Fiduciary fraud occurs when a fiduciary acts in his or her own self interest to the detriment of the client. The New ...
     
  6. What Is Fiduciary Fraud?
    Brief and Straightforward Guide: What Is Fiduciary Fraud?
     
  7. Bank Liability for Fiduciary Fraud - Scholarship Repository - College ...
    Benfield, Marion W. and Alces, Peter A., "Bank Liability for Fiduciary Fraud" (1991 ). Faculty .... fiducIary fraud prmcipies as promulgated m ArtIcle 3 of the Um- ...
     
  8. Fiduciary Fraud: An Invitation to Sue Banks | Tennessee Bar ...
    Oct 23, 2009 ... We know too well from media headlines that fiduciary fraud can be a common occurrence. Fiduciaries, such as corporate officers, sometimes ...