Fraud is defined as a knowingly misrepresenting fact. Under this general definition, there are many specific forms of fraud including:
- Credit Card Fraud
- Health Care Fraud
- Internet Fraud
- Prescription Fraud
- Telemarketing Fraud
- Wire Fraud
These forms of fraud involve obtaining property of monetary funds by use of fraudulent means. Most commonly, the penalty associated with this type of white-collar crime is returning the money or property to the affected parties. Interest, fines, or penalty fees can also be added to the penalty by the court.
In cases including identity theft, prescription drugs, or substantial amounts of money, other penalties may be assessed, including prison time. An experienced, white-collar defense attorney can help in defending the charges and reducing the penalties.
The amount of money or property involved is often in question. Close examination of records is necessary to determine which records are relevant to your case and usually requires prosecutors, employers, banks and other institutions to release their records to your defense team. Your defense team can then decipher essential information in these records to build your defense and help you in the courtroom.