Virginia Beach Fraud Attorney

Types of Fraud

Fraud is defined as deceiving another individual or entity to obtain money, property and other benefits for personal, financial gain. There are numerous crimes related to fraud. You could be facing extensive prison sentences, lengthy probation, punitive fines and a permanent mark on your criminal record.

The most common types of fraud cases include:

• Credit or debit card fraud – Unauthorized access to another person’s credit card information in order to charge purchases or extract funds from the account.
• Tax fraud or tax evasion – When an individual or a company intentionally underpays its taxes.
• Insurance fraud – A deceptive act with the intention to obtain an inadequate payment from an insurer.
• Health care fraud – When a dishonest provider or consumer purposefully submits, or forces someone else to submit, misleading or false information in order to gain an improper amount of health care benefits or payments.
• Mail or wire fraud – A fraudulent scheme to deprive another individual of property or honest services through mail or wire communication.
• Internet fraud – Online services with the purpose of conducting fraudulent solicitations to prospective victims.
• Identity theft – When a person wrongfully obtains and uses another individual’s personal information in a fraudulent manner.
• Forgery – Making of a false document, changing an existing document, or writing a signature without permissions or authorization.
• Money laundering – Disguising illegal funds derived from criminal activity by making these proceeds appear to have come from a legitimate source.