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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, wherein incarceration for a year or more can be a result of the conviction. 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. The actions of the defendant may also obviously caused the loss of the victim. What is hard to prove is the intention of the defendant to commit fraud.

In the United States, a substantial percentage of the convictions involve fraud each day. Credit card and check fraud are the most common types of fraud convictions happening in the United States. 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 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. 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. 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. 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. Some defendants go unpunished even with overwhelming evidence because of prosecutorial errors, that’s why it is important to hire the right 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. Come and join millions of people and be aware of the fraud.

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