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Jeffrey Benjamin: Understanding Your Rights Under Fraud Law

What does it mean by 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. There are different criminal penalties of fraud including statutory fines, loss of civil rights, community service, and victim reimbursement or restitution. Fraud or fraudulent intent is hard to prove, ever for prosecutors and government investigating agencies. 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. What is hard to prove is the intention of the defendant to commit fraud.

Each day, a substantial percentage of the convictions involve fraud in the United States. The most common are check and credit card 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 refers to the use of someone else’s credit card without his or her permission. The person who commits the credit card fraud may have stolen the credit card, or obtained through phishing or gas pump someone else’s account number through different online platforms. 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 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. 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. It is essential to hire the best lawyer to help you so the defendant will no go unpunished even with overwhelming evidence. 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. It is best to seek the help and expertise of a lawyer to help you recover for your loss. 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.