Financial crimes consist of many different types of theft. In this section of our website, you can learn more about the types of theft crimes that you might face. Understanding these crimes can help you fight them.
Types of Theft
Welfare fraud is a common type of fraud, and it is something that you might be accused of. If someone intentionally seeks to abuse the welfare system, they could be charged with welfare fraud. Withholding information or giving false information to the welfare system are two common examples of welfare fraud. You can learn more about this type of fraud on this page of our website.
Unlicensed contractor fraud is another common form of theft that you could be accused of. Contractors must have a valid contractor’s license for big jobs. If a project exceeds a certain amount of money, the contractor must have this license. If they do not have it, they could face an unlicensed contractor fraud charge.
Next, there is mortgage fraud. Mortgage fraud occurs when a person don’t properly fill out a mortgage loan application. Omitting information on the application or giving false information in order to obtain a mortgage could make a person guilty of mortgage fraud. Mortgage fraud oftentimes involves complex situations, so make sure to check out our page with more information on this issue.
Insurance fraud generally refers to a situation where a person who is not eligible tries to use some kind of advantage or benefit. For example, if a person tries to take advantage of healthcare but they are not eligible for it. You can learn more on our page about insurance fraud.
Embezzlement is theft because it is a form of larceny. If a person wrongfully takes another person’s property, and the victim was in their custody or care, this could constitute embezzlement. There are six forms, or “degrees,” of embezzlement. Check out our page on the subject to learn more about how embezzlement is defined, how each degree is defined, and the penalties for each.
Also consider credit card fraud as a form of theft. Credit card fraud happens when one person pretends to be the account holder for a credit card. Sometimes, credit card fraud is prosecuted as a misdemeanor, while other times it is treated as a felony. Learn more about the potential consequences on the credit card fraud page of our website.
The final form of theft that we cover in this section is bank fraud. There are two common types of bank fraud. The first happens when a person illegally obtains money from a financial institution. The second is when a person pretends to be a bank or another financial institution in order to get money from other people. There are many other types of bank fraud, which you can read about on our bank fraud page!
To explore these individual topics in greater detail, click the links on this page to be taken to other pages on our website. If you still have questions, we are happy to help. Simply contact our office and you can discuss your situation with one of our attorneys.