![]() Felony check fraud may be punishable by more than one year in a prison facility, and higher criminal fines. Misdemeanor check fraud is typically punishable by less than one year in jail as well as some criminal fines. Penalties for check fraud depend on whether the crime is classified as a misdemeanor or a felony. What are the Penalties for Committing Check Fraud? You may also consider consulting a lawyer for assistance with any legal questions or concerns you may have. They will also be able to close off your accounts so that no further damage or theft can be done with your financial assets. They may also be able to investigate into the matter. You should also alert your bank or financial institution. Try and recount what happened, how much was lost, and the possible manner in which the check fraud occurred. If you believe you have been a victim of check fraud, then you should alert local police authorities first. What Can I Do if I Think I Have Been the Victim of Check Fraud? Some check fraud crimes can involve many people and may occur over a period of many months or even years. This is especially the case for check fraud crimes that involve systematic abuses of bank accounts, multiple victims, or identity theft. Some of these types of check fraud can be considered very severe crimes that are handled in federal court. They then transfers money between the checking accounts, while the checks are being processed. Check Kiting : Defrauding a bank by using several checking accounts to write checks for an amount greater than the remaining balance in the checking account.Paperhanging: Using a closed or inoperable bank account to write a check when making a purchase or transaction.Payroll Fraud : Taking another person’s paycheck or benefits, or issuing themselves a paycheck they have not earned or that is not authorized. Check fraud can also involve various ways of using checks that are not legal. Are There Different Types of Check Fraud?Īs mentioned, a check can be falsified in many ways, including forgery, counterfeiting, check alteration, and other methods. This all depends on the circumstances, as well as state criminal defense laws. However, if a person unknowingly deposits a check that has been faked or forged, their lack of knowledge might serve as a defense. The more money involved, typically, the greater the criminal consequences. The severity of the punishment typically depends on the amount of money involved in the fraudulent action. ![]() ![]() These consequences can include jail time and/or criminal fines. If a person knowingly deposits a fake check, with the intent to obtain money that is not theirs or to deceive a bank employee, they will usually be subject to criminal consequences. Can You Go To Jail For Depositing a Fake Check? ![]() The common denominator in these cases is that some form of deceit is used to manipulate the situation. For instance, if a person issues a check to themselves without the other party’s permission or consent, it might be considered a form of fraud (even if the check itself is real and valid). Some other types of fraud schemes can be classified under check fraud. Changing the information on a check, such as the banking account number or routing number (“ check alteration ”) and.Altering or faking a signature on a check ( forgery ).Illegally reprinting or reproducing a check using computer technology or scanning technology (counterfeiting).Checks can be faked or made fraudulent through many methods, including: A “fake check” can involve many different aspects that have been changed or falsified. ![]()
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