Is There A Law That People Can Be Charged In Virginia For Stealing Services

Counterfeit Money With Handcuffs Banking fraud and counterfeiting are illegal under both Virginia and federal laws. If you are being charged with either of these crimes, you could be charged nether both state and federal laws. Depending on the seriousness of the crime, yous could be arrested for a misdemeanor or felony offense. If convicted, you could be sentenced to a long prison term and ordered to pay hefty fines. In improver, you would have a criminal record for the rest of your life, which could limit your ability to find a job, obtain citizenship, go on your professional person license, and authorize for scholarships. This is not a time to try to enter a plea agreement with the prosecutor on your ain. You need an experienced criminal defense chaser who can build your defense and help y'all lessen the serious consequences you face.

What Is Banking Fraud?

Bank fraud crimes are ones where a person uses illegal ways to obtain money or avails from a bank or other financial institution. It can as well involve similar crimes against consumers or posing equally a fiscal institution or bank to obtain money or assets from consumers. It is considered a white-neckband law-breaking.

Bank fraud is illegal under both federal and Virginia constabulary. There are many ways that people tin can engage in bank fraud, and some of the schemes can be complex and affect a large group of people too as the financial establishment. Some examples of bank fraud charges include:

Bank impersonation. This crime involves one or more people interim every bit a financial establishment or setting upwards a website to lure people into depositing coin.
Stolen checks. When people obtain access to postal service office boxes or the mail, they can steal checks and open up accounts nether causeless names to cash them—illegal under federal and state laws.
Forgery. Forgery occurs when a person alters the name or any other information on a check or forges a person'southward signature to cash or deposit the check. Information technology tin can also involve forging other types of documents.
Bank check fraud. This occurs when a person writes a check he knows will non articulate because he does non have sufficient funds in his account or has bad credit.
Fraudulent loans. If a person takes out a loan never intending to pay it and files for bankruptcy or uses a faux identity to obtain a loan, this would be illegal under Virginia and federal laws.
Identity theft. When a person engages in identity theft and uses another person's information to set upward a bogus bank account, obtain a loan, or obtain a fiscal institution or bank credit carte, he could exist charged with depository financial institution fraud.

What Are Counterfeiting Crimes?

In Virginia, counterfeiting is a form of forgery and is by and large a felony law-breaking. Information technology is also a federal crime. Under state law, you could be charged with the following crimes:

Counterfeiting – The bodily making of money or coins.
Uttering and possessing imitation money – Possessing simulated coin or coins with the intent of using them as if they are existent.
Making or possessing counterfeiting tools

What Are the Penalties for Bank Fraud and Counterfeiting?

The sentences for banking concern fraud will depend on the monetary amount stolen, who the victim was, and if the criminal offense is a federal or state criminal offense. Nether federal laws, you could confront to xxx years in prison house and up to $1,000,000 in fines. If you are charged with a bottom accuse, the prison house sentence could be five to ten years and steep fines, restitution, and probation.

Nether Virginia law, the penalties you lot confront will depend on whether you are convicted of a misdemeanor or felony and the classification of the misdemeanor or felony. Penalties tin can range from a pocket-size fine of under $500 to a prison judgement of up to 20 years and fines not exceeding $100,000.

The penalties for being convicted of counterfeiting are also dependent on whether you are convicted of a misdemeanor or felony and the nomenclature of the charge. Nether Virginia law, y'all could face a small fine for a misdemeanor confidence up to 10 years in prison house and a fine of upwards to $100,000. If yous are bedevilled under federal laws, you lot could exist sentenced to upward to 20 to 25 years in prison house and fines of up to $250,000.

Why Yous Demand an Experienced Fraud Attorney

If you are being charged with banking company fraud or counterfeiting charges, you could be fighting charges in both state and federal court. In improver, you lot could be facing multiple charges if there was more than than one incident of bank fraud or counterfeiting—common in many of these criminal cases. With the hefty fines and long prison term you lot could be sentenced to, you lot cannot afford not to hire an experienced criminal defense attorney.

At Greenspun Shapiro PC, our Fairfax fraud defense lawyers have a reputation for experience, imagination, and success in defending our clients in both federal and state criminal proceedings. If you or a loved i has been charged with a crime, call our Fairfax function today at 703-352-0100 to schedule your free consultation to discuss your criminal charges and how nosotros tin can help y'all achieve the best possible outcome.