Kentucky has a long and technical definition for “fraud” but, basically, fraud is just a lie that costs you money.
Generally, there are three kinds of fraud in Kentucky.
Outright Fraud
This is where you ask a question and they give you an answer and, when they do, they know they are lying to you.The half-truth fraud
This is where you ask a question and they give you an answer and, when they do, they really do not know if their answer is true or not—they just don’t care.Fraud by concealment
This is where you may not ask the right question and they certainly don’t give you the answer because they know that if they did then you wouldn’t buy what they are selling. This is another way of hiding the truth.
Any one of these can be an act of fraud and can cost you hundreds or thousands of dollars.
When the fraud involves a car dealer, it is called “auto fraud” and car dealers have a hundred ways to do it! Browse through our car dealer dictionary for a real eye opener on slang terms that car dealers use to describe their business tactics and what they think of their customers.
If you’ve been the victim of fraud, and complaining on your own doesn’t work, then contact us for help fighting fraud and deception in Kentucky.
For more information, call our Toll Free Kentucky Fraud Hotline at 1-888-331-6422, or email us for a free Fraud Case Review.
Was Your Car Damaged Before You Bought It?
Motor Vehicle Dealers are required by law to be honest with you. Kentucky law can require a Dealer to fully disclose prior repaired damage before you make the purchase.
When the retail cost was more than $1,000 and the damage ooccurred while the Dealer had the vehicle, the law requires the Dealer to give the Buyer a written statement of the vehicle damage and have the Buyer sign the damage disclosure statement. If it happened to you and you did not get the mandatory damage disclosure notice, you may be entitled to compensation or damages.
If you were lied to by a car dealer, or if you just have a lemon, contact us for a free Fraud case review.
