The Missouri Courts have stated that in order to prove fraud, you must show the following elements: representation of fact, objective materiality, ignorance of falsity, right to rely when “a distinct and specific representation is made to be acted upon for the purpose of inducing action and which has induced action”, and proximately caused injury when plaintiff did not receive interest promised.
In order to see these elements in action, check out this case:
Maria Stander vs. Linda Szabados
Missouri Court of Appeals, Western District- WD75697
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