hidden fraud
See fraudulent concealment under CONCEALMENT.
The affirmative suppression or hiding, with the intent to deceive or defraud, of a material fact or circumstance that one is legally (or, sometimes, morally) bound to reveal. — Also termed hidden fraud. [Cases: Fraud 16.]
fraudulent concealment Read More »
concealment, n. 1. The act of refraining from disclosure; esp., an act by which one prevents or hinders the discovery of something; a cover-up. 2. The act of removing from sight or notice; hiding. 3. Insurance. The insured’s intentional withholding from the insurer material facts that increase the insurer’s risk and that in good faith