In news from mid-May, it was reported that the U.S. attorney's office is negotiating with Georgia's insurance commissioner to turn himself in for insurance fraud. The office has a 38-count indictment detailing a series of fraudulent acts by the man who was working for the Georgia Underwriting Association. These events happened before he was elected as the insurance commissioner.
A hot topic in the news as of late has been college admissions fraud. With college admissions fraud, there is usually at least one person who helps certain people get into elite universities by aiding them in cheating on exams, passing on bribes or falsifying their applications.
Federal fraud case has forced a doctor, her husband and children to move after a SWAT team raided her office in Florida. According to the news story, the obstetrician and gynecologist is waiting for a verdict in a trial for insurance fraud, but she has already lost much as a result of the raid on her clinic.
If you commit fraud, you could face state and federal charges. Here's a short news report about a woman who is facing penalties in state and through the federal government for actively misusing her government-issued credit card.
Fraud crimes are significant because they are federal crimes. Federal crimes have their own penalties, which often come with prison sentences.
Fraud used to be mostly matters of confidence scams and doctored accounts for businesses. Georgia has also seen its share of insurance fraud cases related to arson and other crimes. Now, the effectiveness of widespread digital networks can make fraud a matter as simple as a few clicks of a mouse.
Federal fraud charges can create serious problems for you. If you are convicted, it could mean spending years in prison and having hefty fines and penalties to pay. You may struggle to maintain your friendships and relationships. In all, you could truly lose everything.
Fraud is a federal offense, which means that you could face serious penalties if you are accused of the offense and convicted for it. With fraud offenses, there must be some kind of false statement. You must also misrepresent a product or be deceitful in some way.
Tax fraud, a type of federal fraud, is the intentional attempt to avoid paying taxes to the United States government. Generally speaking, this form of fraud typically results in fines and the possibility of imprisonment.
Facing fraud allegations is never a simple experience, and even once you overcome them, the allegations themselves may leave a mark on your personal and professional reputation.