When you are looking for a criminal lawyer, it is important to choose the right one. Being charged with fraud charges can take a toll on your future and affect your personal and professional life. If you have been accused of fraud, it is important to find a lawyer who has experience with fraud cases and the criminal court process involved.
If you have been charged with fraud charges, it is advisable to hire a lawyer to help you fight the charges. The outcome depends on the specifics of the case, but a criminal lawyer will guide you through the process and advocate on your behalf.
Criminal fraud charges are considered a white-collar crime, which is consequently a crime of dishonesty. Every court in Canada takes dishonesty crimes seriously, and you could face jail time for them. As a result, it’s critical to hire the best lawyer possible to guide you through the legal process.
What Is Fraud?
Fraud, in a nutshell, is an intentional action that deceives someone in a way that makes them lose their money to the person defrauding them.
This offence can come in several presentations, and people can be defrauded by one person, a group of people, or a whole corporation. You need to have the intention to defraud to be charged with a fraud offence, and it can include false insurance claims, identity theft, leading fake purchases, or Ponzi schemes.
The fraud triangle includes opportunity, rationalization, and pressure as key parts of a fraud offence.
What Do Fraud Lawyers Do?
Fraud lawyers represent clients who have been accused of committing fraud. This can include a wide range of criminal offences, such as white-collar crimes, embezzlement, and identity theft. Fraud lawyers are experienced in dealing with these types of cases and know the best way to defend their clients and representing them at the bail hearing. They will be able to advise you on the best course of action to take and will work tirelessly to get the best possible outcome for your case.
A fraud lawyer will conduct a consultation with you to get a better understanding of your case. They will ask you about the facts of the case and review the evidence the prosecution has against you. They will also advise you on your legal rights and what options are available to you.
Summary Conviction & Indictable Offences
When it comes to criminal offences, there are two types of charges: summary and indictable. Summary offences are less serious than indictable offences and are usually dealt with in the Ontario Court of Justice. Fraud is divided into two types: Fraud Over $5000 and Fraud Under $5000. The difference between the two is the amount of money involved.
Fraud under $5000 is a hybrid offence, meaning that it can be prosecuted as a summary or indictable offence. The Crown Attorney will make a decision on how to prosecute the case based on the evidence they have. Most Fraud Under $5000 charges proceed summarily.
If you are charged with fraud over $5000, the Crown Attorney will prosecute the case as an indictable offence. This is because the amount of money involved is more than $5000 and it is considered a more serious crime. An indictable offence can proceed in the Superior Court of Justice with a judge and jury trial or a judge-alone trial.
Things to Know About Criminal Fraud Charges
When it comes to tax fraud allegations or any sort of fraud charges in the nation, you must comprehend a variety of factors. Having this knowledge gives you an edge over those who don’t and allows you to see things more clearly while discussing the case with your lawyer.
Here are some of the things you need to know about fraud charges:
Types of Fraud
There are numerous sorts of fraud cases, which can vary depending on how much money was stolen and the circumstances surrounding the crime. Some examples of this might be:
- Counterfeiting: Making or selling fake currency, goods, or documents. This can include passports, driver’s licenses, and other official documents.
- Identity theft: Using someone else’s personal information to commit fraud or other criminal offences. This can include using someone else’s credit card to make purchases or taking out a loan in their name.
- Ponzi schemes: A type of investment fraud where money from new investors is used to pay off older investors. This can result in substantial losses for the newer investors.
- Securities fraud: Fraudulent activities surrounding the sale of securities, such as stocks and bonds. This can include insider trading, misrepresentation of information, and manipulation of the market.
Intent to Defraud and Ponzi Schemes
You don’t need to finish or accomplish your plans to scam to be found guilty of fraud charges. Criminal law states that the intent to defraud is enough for you to pay a penalty for it. The same happens with Ponzi schemes, which are one of the most common ways to defraud people.
What Is Fraud According to the Criminal Code of Canada?
Section 380(1) of the Criminal Code of Canada states that anyone with deceit or fraud means defrauding someone or a group of people from their property, money, valuable security, or any service; in those cases, they can be guilty of fraud criminal charges.
How Bad Is It to Have Fraud Charges on My Criminal Record?
It is not at all favourable to have criminal fraud charges on your record, and if you are facing fraud criminal charges, you should do everything you can to win your case. They may have a significant impact on your life, family, and career. People will be hesitant to hire you, provide loans, or enter into business deals with someone who has a criminal record for fraud.
Where to Find Criminal Lawyer in Toronto, Ontario
Fraud charges are not to be taken lightly, therefore you should retain a lawyer as soon as possible to handle the situation. You require a fraud lawyer that understands fraud and how to deal with it. Fraud charges can be extremely complex and can include voluminous disclosure. Kahlon Law In Toronto can review the evidence in your case and the various options available. Contact the firm for consultation.