Jeffrey Benjamin Lawyer: Knowing Fraud Law and How to Determine a Fraudulent Intent
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, wherein incarceration for a year or more can be a result of the conviction. 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 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.
There is a substantial percentage of convictions involving fraud in the United States every day. Credit card and check fraud are the most common types of fraud convictions happening in the United States. 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. The fraudster use the account to buy goods or services, or to remove money from the 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. The non-financial fraud include overseas romance schemes to gain immigration benefits and identity theft.
There are many other types of fraud and there is a constant change in the development of new tactics by scammers and fraudsters. 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. 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. It is best to seek the help and expertise of a lawyer to help you recover for your loss. Fight for your rights and protect yourself from fraudsters and scammers now. Equip yourself with the right knowledge and stop fraud.