Jeffrey Benjamin: Understanding Your Rights Under Fraud Law
What is the meaning 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. In the criminal context, fraud is charged as a felony wherein it can result in incarceration for one year or more. The criminal penalties of fraud may include victim reimbursement or restitution, statutory fines, loss of civil rights, and community service. Proving a fraudulent intent or fraud can be difficult even for prosecutors with government investigating agencies. The victim suffers from loss and financial records help in proving it. It can be obvious that the victim’s loss resulted from the actions of the defendant. The defendant’s intent to defraud the victim is the hard part of any fraud case.
There is a substantial percentage of convictions involving fraud in the United States every day. The most common are check and credit card fraud. For those people who are intentionally “bouncing” checks, the legal system ensures that repeat offenders will go to jail even there is a misconception that this is well-tolerated by the law enforcement. Credit card fraud refers to the use of someone else’s credit card without his or her 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. The account is then used to remove money from the ATM or to purchase products and services. There are other types of financial fraud including investments schemes, money laundering, prize or sweepstakes fraud, foreclosure and mortgage scams, counterfeiting, and more. Identity theft and overseas romance schemes to gain immigration benefits are the examples of non-financial fraud.
Many fraudsters and scammers are not caught because criminals tend to use technology and getaway easily. 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. Due to prosecutorial errors, a defendant may go unpunished even if there is overwhelming evidence, so hire the best lawyer to help you. If you are looking for a lawyer to help you with a fraud case, allow us to help you out, feel free to visit our website or homepage now. Recover from your losses by seeking the help and expertise of a lawyer. 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. Come and join millions of people and be aware of the fraud.