Fiduciary Duty

people walking on the street depicting a breach of fiduciary duty

Breach of Fiduciary Duty: When Does it Become a Crime? Legal Consequences Explained

A breach of fiduciary duty becomes a crime when the act is beyond mere negligence and involves deceit, collusion, or concealment. This is where a trusted party deliberately violates her responsibilities, misuses entrusted assets, or unfairly favors his interests over the entrusted party. Every decision a fiduciary makes impacts the represented party. A deceitful move […]

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