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- bY Viktorija Baradinskaitė
ECOVIS Miškinis, Kvainauskas ir partneriai advokatų kontoraIn the Lithuanian Criminal Code there is a norm named “Credit fraud,” found in Article 207. “Credit fraud” is in the chapter which aims to protect economic and business stability, also the Lithuanian financial system. First of all, criminal liability can be assigned to an individual or corporation. The main Article elements are: deception – there are two types. The first is active - when a person lies about the facts of income, their social status or other information that is important f...
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