If a stranger tells you to invest all your money in a company, and you do, and it collapses, losing all your money, you have a good fraud suit against that person.

Question

Quizplus · Accepted Answer

Merely following investment advice from a stranger, without more, such as deceit or misrepresentation on their part, typically does not constitute fraud. For a successful fraud suit, there must be evidence of intentional deception or misrepresentation that you relied upon to your detriment.

If a Stranger Tells You to Invest All Your Money