Final answer:
The statement that criminal prosecution usually precedes civil litigation in cases of fraud is typically true. Criminal cases have a higher standard of proof and are prosecuted by the government, whereas civil cases involve disputes between private parties and have a lower standard of proof.
Step-by-step explanation:
The statement that criminal prosecution usually proceeds before civil litigation when fraud is committed is usually True. Criminal law cases are brought forth by the government against an individual or entity for actions considered harmful to society and can result in penalties such as imprisonment or fines. The standard of proof required in criminal cases is 'beyond a reasonable doubt', which is the highest standard because of the severe potential penalties involved.
In contrast, civil law involves disputes between private parties and could include cases seeking financial recourse or other remedies for harm caused. The standard of proof for civil cases is a 'preponderance of the evidence', which is lower than in criminal cases. It is typical for criminal proceedings to be completed before civil cases regarding the same matter are pursued because the outcome of the criminal trial can have significant implications for the civil case. Additionally, evidence or findings from the criminal trial can be used in the civil proceedings.