Virginia Credit and Debit Card Fraud Laws

With the advent of the Internet, it is easy to shop online by entering a credit card number that may not be your name. However, credit card fraud is a form of theft. Depending on the allegedly stolen amount, the charges may be misdemeanors or felony charges. However, just like any other offense, the criminalization of credit card theft can have a profound impact on your future.

Depending on the circumstances of the case, credit card fraud can be a federal crime. Especially if the victim of the fraud is outside Virginia.

Identity theft is linked to credit card fraud, as most identities are stolen by illegal money. Credit card fraud is another form of identity theft, where criminals open credit card accounts in the name of others using theft or counterfeiting of documents (bank statements, utility bills, government documents). Another form of identity theft that can be used for credit card fraud is called “account hijacking.” This form collects information about prospective victims and then alters the victim’s address to control the fake credit account which is included.

What actions can be termed as credit card frauds?

Changes in credit card fraud include the use of expired cards or revoked card numbers, false data, false cash advances, fraudulent applications for your own credit card, fraudulent use of credit cards and unauthorized use of payment card scanning equipment, encoders. To ensure the credit card fraud conviction, the government (federal or Virginia Commonwealth) must prove that: The defendant illegally obtained another person’s credit or credit card number.This “misappropriation” is made for the purpose of using, selling or transferring to someone other than the issuer or the cardholder.Use the alleged credit card or credit card number to purchase some object.The defendant intends to make mistakes in terms of fraud.¬†What is the penalty mentioned by the state for credit and debit card frauds?If the total value of the defendant for everything illegally obtained within six months exceeds $ 200, the Virginia crime is a felony of category 6 according to the law of Virginia: typically 1 to 5 years in state jails and / or 12 months in prison for fine 12 months and / or a fine of up to $ 2,500. If the stolen value is less than US $ 200, the crime is a misdemeanor punishable by up to 12 months’ imprisonment and / or the same fine of US $ 2,500 or a combination thereof. Federal penalties for fraud may involve up to 20 years in prison, although the sentence may vary depending on a number of factors, most notably the number of fraud allegations.

What to do if subjected to credit card frauds?

If you are charged with a credit card fraud or debit card being sued – or the subject of such investigations, a Virginia credit card fraud lawyer can help you defend you in court and will guide you through every stage of the process. In this case, if you can assess the serious loss, it is best to have someone in your corner protecting your constitutional rights.