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:
- 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.
- 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 ...
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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 ...
- 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 ...
- 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 ...
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Brief and Straightforward Guide: What Is Fiduciary Fraud?
- 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- ...
- 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 ...