Jeffrey Benjamin: Understanding Your Rights Under Fraud Law
What is the meaning of fraud law? Fraud law covers civil torts and crimes addressing the different situations wherein a person wrongfully acquires property, money, or other benefits through deceit. In the criminal context, fraud is charged as a felony wherein it can result in incarceration for one year or more. Criminal penalties may include statutory fines, victim reimbursement or restitution, loss of civil rights, and community service. Proving a fraudulent intent or fraud can be difficult even for prosecutors with government investigating agencies. Financial records are available to help prove that the victim suffered a loss. The actions of the defendant may also obviously caused the loss of the victim. The defendant’s intent to defraud the victim is the hard part of any fraud case.
Each day, a substantial percentage of the convictions involve fraud in the United States. Credit card and check fraud are the most common types of fraud convictions happening in the United States. In contrary to the misconception that intentionally “bouncing” checks is more or less tolerated by law enforcement, the legal system ensures that repeat offenders will go to jail. Credit card fraud happens when an individual uses a card that belongs to someone else without the owner’s permission. Credit card fraud happens when a person fraudulently obtained the account number through fishing using a fake internet site, stolen the card from the owner or skimmed card information from a gas pump. Then the account is used in purchasing goods and services, or in removing money from an ATM. Aside from credit card and check offenses, financial fraud can also come in the form of money laundering, counterfeiting, investments schemes, prize or sweepstakes fraud, foreclosure and mortgage scams, and more. The examples of non-financial fraud include overseas romance schemes to gain immigration benefits and identity theft.
Many fraudsters and scammers are not caught because criminals tend to use technology and getaway easily. Hiring a lawyer can help you achieve justice and recover from your loss through the judge ordering full reimbursement or restitution and conviction of the defendant. 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. If you are looking for a trusted, reliable, and experienced lawyer to help you with a fraud case, we can help you by visiting our website or homepage now. It is best to seek the help and expertise of a lawyer to help you recover for your loss. If you are suspecting fraudulent transactions of activities, report it to the authorities, gain as many pieces of evidence possible and seek the help of an expert lawyer. Stop fraud by being aware and knowledgeable about the things you can do as a private citizen.