Fraudulent misstatements 。 Civil liability for compensation: Tort of deceit;MO s 3(1). -C0s40,SF0ss108,277and281. 。Criminal liability: CO s 40A-untrue statements in prospectus where no reasonable grounds for belief. SFO s 107 -fraudulent or reckless misrepresentations. SFO s 298-fraudulent or reckless disclosures of false or misleading information.[SFO pt XIV] Theft Ordinance(Cap 210)s 16A-fraud. Common law:conspiracy to defraud.Fraudulent misstatements • Civil liability for compensation: - Tort of deceit; MO s 3(1). - CO s 40, SFO ss 108, 277 and 281 . • Criminal liability: - CO s 40A - untrue statements in prospectus where no reasonable grounds for belief. - SFO s 107 - fraudulent or reckless misrepresentations. - SFO s 298 - fraudulent or reckless disclosures of false or misleading information. [SFO pt XIV] - Theft Ordinance (Cap 210) s 16A - fraud. - Common law: conspiracy to defraud