Getting To The Point – Lawyers

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. 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. 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. 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 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. There are other types of financial fraud including investments schemes, money laundering, prize or sweepstakes fraud, foreclosure and mortgage scams, counterfeiting, and more. The examples of non-financial fraud include overseas romance schemes to gain immigration benefits and identity theft.

Criminals doing fraudulent transactions are often not caught because they tend to change tactics and innovate methods of committing fraud or scams. 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. 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.