The victims of state and
federal fraud crimes often suffer both psychological distress and financial harm.
Some people even experience medical problems, such as stress, anxiety
and panic attacks after they have been victimized. According to the U.S
Department of Justice, “Millions of people in the United States
are victims of fraud crimes each year.”
The DOJ refers to fraud crimes as a “personal violation.” Victims’
trust in their own judgement and their trust in others can be shattered,
especially when they know the perpetrator. Victims often hesitate to tell
their family, friends and colleagues about their victimization because
they’re afraid they’ll be criticized for letting their guard down.
What is Fraud Exactly?
“Fraud occurs when a person or business intentionally deceives another
with promise of goods, services, or financial benefit that do not exist,
were never intended to be provided, or were misrepresented,” says the DOJ.
Anyone can be a victim of financial fraud. Fraudsters are not concerned
with a person’s age, educational background, gender, race, or geographic
location. In fact, the DOJ says that perpetrators often target groups
of people based on one or more of the above factors.
When Fraud Becomes a Federal Crime
Fraud crimes are criminalized on the state and federal levels. This means
that if a person commits fraud, he or she may be prosecuted on the state
or federal level, depending on the following factors:
- The type of fraud committed.
- The amount of money stolen.
- The laws violated (state or federal or both).
- Where the crime was committed (in a state, or across state lines or national borders).
- Whether public services were used, such as the U.S. Postal Service or Medicare,
which are federally regulated.
Common Types of Fraud
When it comes to fraud-related crimes, perpetrators don’t use guns
or knives. Instead, they use a telephone, the internet, a fancy brochure,
or an investment opportunity. Frauds come in many varieties, including
but not limited to:
If you are facing state or federal fraud charges in Plano or Dallas, we
urge you to
contact The Zendeh Del Law Firm, PLLC to schedule a consultation. Our top-rated
legal team has the knowledge and experience to defend you in the state and federal courts.