Jeffrey Benjamin: Understanding Your Rights Under Fraud Law
What is the coverage of fraud law? Fraud law typically covers all sorts of crimes and civil tort actions to punish people who are obtaining money, property, and other benefits through deceit. Fraud is charged as a felony in the criminal context, wherein incarceration for a year or more can be a result of the conviction. The criminal penalties of fraud may include victim reimbursement or restitution, statutory fines, loss of civil rights, and community service. It can be difficult proving fraud. Financial records are available to help prove that the victim suffered a loss. It may also be clear that the loss of the victim resulted from the actions of the defendant. What is hard to prove is the intention of the defendant to commit fraud.
There is a substantial percentage of convictions involving fraud in the United States every day. The most common types of convictions involving fraud are credit card and check fraud. Although there is a misconception that an intention to bounce a check is more or less tolerated by the law enforcement, repeated offenders may result in significant jail period. Credit card fraud happens when a person uses a credit card belonging to someone else without his or her permission. The individual may have stolen the credit card from the owner or the account number was obtained through different schemes, such as skimming card information from phishing or a gas pump. Then the account is used in purchasing goods and services, or in removing money from an ATM. There are other types of financial fraud aside from credit card and check offenses such as money laundering, counterfeiting, foreclosure and mortgage scams, investments schemes, prize or sweepstakes fraud, and more. Identity theft and overseas romance schemes to gain immigration benefits are the examples of non-financial fraud.
There are many other types of fraud and there is a constant change in the development of new tactics by scammers and fraudsters. It is important to hire a lawyer to protect your rights and best interests because fraud victims need to ensure that criminals are sentenced and full restitution must be paid. Some defendants go unpunished even with overwhelming evidence because of prosecutorial errors, that’s why it is important to hire the right lawyer to help you. We can help you in finding a trusted, reliable, and experienced lawyer, feel free to check our homepage or website now! Recover from your losses by seeking the help and expertise of a lawyer. Protect yourself and your family from potential financial loss, seek an expert lawyer to rule out a fraudulent intent and report it to the authorities right away. Equip yourself with the right knowledge and stop fraud.