Understanding Wire Fraud
When a person commits a criminally fraudulent offense, they are typically punished under state law. However, if electronic communications of any type were used during the execution of the criminal scheme, the crime may be prosecuted as a federal offense known as wire fraud. While it may seem arbitrary to treat crimes which have the same consequences differently just because of the involvement of electronic communications, wire fraud is a serious criminal offense that should not be taken lightly.
If you or someone you know has been accused of committing wire fraud, you should seek legal counsel immediately. Wire fraud convictions can carry prison sentences of up to 20 years and often come with significant fines. Contact the Boca Raton fraud defense attorneys of Eric N. Klein & Associates, P.A., at 561-353-2800 today to learn more about your rights under the law.
What Constitutes Wire Fraud
For a fraudulent criminal act to be considered wire fraud, it has to meet specific guidelines. These include:
- Devising or intending to devise a scheme to defraud another person
- Doing so with the specific intent of defrauding others
- Using electronic communications to commit the fraud
If a fraud crime adheres to these guidelines, it may be prosecuted at the federal level. Furthermore, if the crime was committed against a financial institution, the fines and penalties involved become even more severe.
Contact Us
If you or someone you know has been charged with committing wire fraud, contact the Boca Raton criminal defense lawyers of Eric N. Klein & Associates, P.A., at 561-353-2800 today to discuss your case with an experienced legal advocate.
