3 Lessons Learned: Services

Jeffrey Benjamin: Understanding Your Rights Under Fraud Law

What is the meaning of fraud law? Fraud law refers to addressing situations wherein people wrongfully obtain benefits, money, and property by deceit. Fraud is charged as a felony in the criminal context, which means that a conviction 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. It can be difficult proving fraud. Financial records help in proving the victim’s loss. It may also be clear that the loss of the victim resulted from the actions of the defendant. In any fraud case, what is hard is proving the intention of the defendant.

In the United States, a substantial percentage of the convictions involve fraud each day. The most common types of convictions involving fraud are credit card and check fraud. 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 a person uses a credit card belonging to someone else 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. 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.

Many fraudsters and scammers are not caught because criminals tend to use technology and getaway easily. Victims of fraud may be able to still recover the money they lost on the final decision of a criminal case, given that the defendant has been convicted and the judge orders full reimbursement or restitution to be paid. It is essential to hire the best lawyer to help you so the defendant will no go unpunished even with overwhelming evidence. We can help you in finding a trusted, reliable, and experienced lawyer, feel free to check our homepage or website now! Don’t let allow those fraudsters to get away with their actions, seek a lawyer’s advice now. Fight for your rights and protect yourself from fraudsters and scammers now. Equip yourself with the right knowledge and stop fraud.