Credit card fraud is a serious federal crime that carries significant legal consequences. With the rise of online transactions and advanced technology, credit card fraud cases have become increasingly complex, leading to aggressive federal prosecution. If you or someone you know is facing credit card fraud charges in Los Angeles, Glendale, or the surrounding areas, it’s crucial to have an experienced federal defense attorney by your side.
At KN Law Firm, we understand the intricacies of credit card fraud cases and are dedicated to defending your rights. Our experienced attorneys will evaluate your case, develop a tailored defense strategy, and strive for the most favorable outcome.
What is Credit Card Fraud?
Credit card fraud involves using someone else’s credit card or credit card information without authorization to make purchases or withdraw funds. It is considered a federal crime under 18 U.S.C. § 1029 when it involves crossing state lines or impacts interstate commerce.
Federal authorities, including the FBI and the Secret Service, often investigate these cases due to their complexity and potential for significant financial loss. Convictions can result in severe penalties, making it essential to take any allegations seriously.
Common Forms of Credit Card Fraud
Credit card fraud can take many forms, and individuals may unknowingly become entangled in fraudulent schemes. Some of the most common forms of credit card fraud include:
- Card Theft: Physically stealing someone’s credit card and using it for unauthorized transactions.
- Account Takeover: Gaining access to a victim’s credit card account through hacking, phishing, or data breaches to make unauthorized purchases.
- Skimming: Placing skimming devices on ATMs or point-of-sale systems to capture credit card information and use it illegally.
- Counterfeiting: Creating fake credit cards with stolen credit card information for unauthorized use.
- Application Fraud: Using someone else’s personal information to apply for a credit card.
- Online Fraud: Using stolen credit card information to make purchases online. This often involves hacking or phishing to obtain sensitive data.
While some individuals may knowingly commit these acts, others may be wrongfully accused due to identity theft or mistakes in transactions.
Penalties for Credit Card Fraud
The penalties for credit card fraud vary depending on the extent of the fraud, the value of the unauthorized transactions, and whether the offense is prosecuted at the state or federal level.
If convicted of federal credit card fraud, potential penalties include:
- Imprisonment: Up to 10 years in federal prison for basic offenses. However, if the fraud is linked to organized crime or large-scale schemes, the sentence can increase to 20 years.
- Fines: Substantial fines that can reach up to $250,000 or more, depending on the scope of the fraud.
- Restitution: The court may order repayment to the victims for any financial loss incurred due to the fraudulent activity.
- Probation: In some cases, probation may be granted, requiring strict compliance with court-imposed conditions.
- Asset Forfeiture: The government may seize any assets obtained through fraudulent means.
A conviction for credit card fraud can also have long-term consequences, including a permanent criminal record, difficulty obtaining credit, and challenges in securing employment.
Defenses Against Credit Card Fraud Charges
Facing credit card fraud charges can be overwhelming, but a skilled attorney can develop a defense strategy tailored to your case. At KN Law Firm, we explore various defenses to protect your rights and fight for your best interests:
- Lack of Intent: Credit card fraud requires proof of intentional deceit. If we can demonstrate that there was no intent to defraud, it may result in reduced charges or a dismissal.
- Mistaken Identity: Advanced technology and digital transactions can lead to wrongful accusations. We investigate whether someone else committed the fraudulent act using your information.
- Insufficient Evidence: Prosecutors must provide strong evidence to prove guilt. We carefully examine the evidence to identify weaknesses or procedural errors.
- Consent: If the cardholder authorized the use of their credit card, it can be a valid defense against fraud charges.
- Duress or Coercion: If you were forced or coerced into committing the act, we can use this as a defense to mitigate penalties.
- Lack of Knowledge: In some cases, individuals may unknowingly participate in fraudulent activities without realizing they are illegal.
Our team works closely with forensic experts to analyze digital records, financial transactions, and any other relevant evidence to build a strong defense strategy.
Contact KN Law Firm for a Free Consultation
If you or a loved one is facing credit card fraud charges in Los Angeles, Glendale, or the surrounding areas, don’t wait to seek legal representation. The federal government aggressively prosecutes these cases, and a strong defense is essential to protect your rights.
Call (888) 950-0011 today for a free consultation. Our experienced attorneys are here to help.