When you willfully deceive or misrepresent something as factual when it is not, you are committing fraud. This act can be done via words or by certain conduct, or even by not revealing something that should be revealed. Further, the deceitful act carries with it the intention to deceive another in order to achieve some advantage by the person committing the fraudulent act. At the criminal defense firm of DiCaudo, Pitchford & Yoder, we are well versed in all aspects of fraud charges and work tirelessly to defend our clients. Without quality representation, your chances of prison time, huge fines, and a criminal record are greatly increased.
Fraud comes in many forms. The following are examples of the more common types:
Tax fraud : This entails falsifying tax forms in order to have a smaller tax liability
Identity theft fraud : A person uses another's identity and information, such as a credit card, in order to make purchases
Wire or mail fraud : A person, using the United States Postal Service, another mail carrier, the phone, interstate wires, or the internet engages in a scheme to obtain valuables, including money
Healthcare fraud : Applying for reimbursement, usually with agencies such as Medicare and Medicaid, by making a false claim
Embezzlement : While being placed in a position of trust, the offender takes advantage of that position in order to take ownership of another person's property.
Penalties for a fraud conviction vary with the specifics of the case. A misdemeanor can mean jail for up to 180 days and possible fines of up to $1000. If you are convicted of a felony, you could be sentenced to prison from 6 months to 10 years, with fines from $2,500 up to $20,000.
Identity theft is an illegal offense where stolen information is used to commit fraud. Identity thieves steal and use your personal information to apply for credit cards, file taxes, or obtain medical services. An identity theft can ruin your credit history and cost you substantial amounts of money to restore your name.
Unfortunately, you might not know that your identity has been stolen until you experience an unforeseen financial consequence, such as an unknown bill, credit collection, or a denied loan.
Common kinds of identity theft that might affect you include:
You should take the following steps if you want to protect yourself from identity theft:
Being accused of committing financial crimes such as fraud, is a frightening and daunting experience. There are times when innocent people have been caught in the net. There are also times when prosecutors attempt to bring serious fraud charges against someone when lesser charges actually apply. No matter what the circumstances are, when you contact our firm, you will find we treat your case carefully, and with a full focus on seeking a better outcome. We are committed to providing the absolutely best defense possible. Your freedom is our priority.