Fraud is a criminal offense that is taken quite seriously and penalized heavily
in the United States, despite often being considered a form of nonviolent
white collar crime. In general, fraud is the act of intentionally deceiving another person
or party in order to collect personal gain, typically financial assets,
or harm their own wellbeing, perhaps through reputation destruction. Generalities
only go so far, however, since fraud is actually categorized into several
If you have been arrested for fraud in Missouri, it will help if you better
understand the details of the crime you allegedly committed. Take a look
at this list of five common forms of fraud, what they mean, and how they
could be penalized upon conviction.
Five common types of fraud crimes frequently seen in criminal cases are:
Bankruptcy fraud: Filing for bankruptcy can entirely eliminate and discharge a myriad of
private, business, and consumer debt. Bankruptcy fraud is committed when
someone falsifies their financial records in order to appear to be in
a dire financial strait. Bankruptcy does not need to be approved in order
to trigger fraud charges.
Identity theft: Popularized by cybercriminals in the early days of the internet, identity
theft has actually been around for decades. When a person collects private
information of another, legitimately or illegally, they can assume their
identity, typically to steal bank funds or commit credit card fraud. The
impersonal nature of the internet made identity theft incredibly easy
for tech savvy offenders.
Insurance fraud: If someone lies to their insurance provider about how much damage has been
done to their property, or about the source of that damage, they have
committed insurance fraud. Effectively, insurance fraud is an advanced form of
theft since offenders are getting money by abusing the trust and contract of
Mail fraud: Tampering with the mail is a federal offense and could constitute mail
fraud, especially if mail is taken, intercepted, or rerouted without the
knowledge of the postal service.
Tax fraud: Perhaps the most heavily penalized form of fraud, tax fraud occurs when
a person or company lies about their income, expenditures, and other finances
in order to collect more or pay less taxes. The federal government will
use the Internal Revenue Service (IRS) and its vast tax databases to prosecute
people accused of tax fraud.
At Worsham Law Firm, our Springfield criminal defense attorneys always
do everything in their power to help our clients through thick and thin
to achieve a beneficial case result. A single fraud conviction, no matter
the type, can result in more than a year in jail, thousands of dollars
in fines, and the destruction of a person’s good name. We work hard
to ensure none of that happens and that the cases we take are dismissed,
or the charges in them reduced to the absolute minimum.
Call 417.658.4172 to speak to our fraud defense lawyers in Springfield,
Missouri. You can even start with a
case evaluation online.