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Financial Dictionary

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DELIBERATE IGNORANCE - When knowledge of the existence of a particular fact is an essential part of an offense, such knowledge may be established if the person is aware of a high probability of its existence, unless he actually believes that it does not exist.

In other words, a person acted 'knowingly' if either: (1) the person actually knew a particular fact; or (2) that he deliberately closed his eyes to what he had every reason to believe was the fact. However, the requisite proof of knowledge on the part of the person cannot be established by merely demonstrating that he was negligent, careless or foolish.

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