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Business Torts Archives

Philanthropist files suit claiming he was victim of fraud

Everyone should know that when it comes to investing, there are no sure things. But if you decide to put money into a new venture, you have every reason to expect that your investment will be used to help build the business. Unfortunately, sometimes people buy into a project only to discover later that they have been victims of fraud.

Federal acts may help you counter unfair business practices

They say all's fair in love and war, but what about business? Well, fortunately, business relies on laws to allow everyone a fair shot at succeeding in the marketplace. And while most companies and individuals understand where the lines are drawn, there are those who will do whatever they think they can get away with in order to gain the upper hand.

A business can take protective measures to protect bank accounts

Almost all businesses, regardless of type or size, conduct at least some of their accounting-related work online. This may include taking orders and accepting payments from customers via the company's website, or making bank transactions. The fact is, most businesses simply could not function without being able to move funds via the Internet.

Equity-skimming scam targets Florida homeowners

Florida homeowners have had much to feel good about due to the real estate recovery that has taken place in recent years. Home values have been going up and so has the equity attached to the homes. But when an industry becomes infused with money, it often is also infused with fraudsters looking to take advantage of people who are experiencing financial setbacks.

How do I reconcile bank accounts to prevent embezzlement?

As a business owner, you have plenty to worry about when it comes to financial matters. In order to keep the doors open, you must maintain a steady profit. You can ill-afford to suffer an unnecessary economic loss due to an employee illicitly taking your funds.

What can companies to do prevent leaks of trade secrets?

Employers have the right to protect their trade secrets. Companies often invest large sums of money developing processes and technologies that help offer unique services or products to customers. For this reason, trade secrets can give a company an edge over the competition.

Intentions can determine if an interference is improper

Competition is a key element of business in Florida. In fact, for some, competition may be the most compelling part of owning and running a business. It is perfectly appropriate to strategize a way to gain an advantage in the marketplace. However, there are legal boundaries and if someone oversteps these boundaries, he or she may have committed an act of tortious interference.