Every year, thousands of people are impacted by fraud. Having someone steal your identity or falling prey to scams by people and companies who aren't who they say they are is a devastating experience. When your identity or finances are involved, matters can be even worse. If you're a victim of fraudulent acts, there are legal resources available to help you recoup.
Then, there are situations in which a person, business, or organization accused of fraud is actually guilt-free or legitimate in their practice. When this happens, panic can set in as your reputation is on the line. If you were accused of making a false claim, misrepresenting someone or a company, or being deceitful in your conduct, you need an attorney who can go to bat for you.
Civil vs Criminal Fraud
Civil Fraud - This type of fraud refers to bad-faith types of situations. In other words, you're being accused of not upholding your side of the deal. In civil fraud cases, the penalties involve punishment and restoring the alleged victim's state or position they were in before the fraud took place.
Criminal Fraud - This type of fraud is worse as it implies that you knew what you were doing or that you had the intent to gain. It could be based on intentionally misleading information or, it could be based on actions that appear dishonest, deceiving or improper under the circumstances. Criminal fraud can result in fines and jail time.