Organized Scheme to Defraud

Palm Beach Organized Scheme to Defraud Law Firm

Fraud has always existed, but since the Internet became mainstream, fraud has flourished there. In response, the Florida legislature updated its wire fraud statute to cover Internet fraud crimes, especially organized fraud schemes. A scheme to defraud is any systematic effort to obtain cash or property through deceptive practices, or promises of future rewards.

In its effort to protect the public, the legislature created severe punishments for violations of the wire fraud act. As with other fraud crimes, the penalties depend on the amount allegedly stolen, with the smallest amounts charged as a first-degree misdemeanor carrying up to one year in prison. At the most serious, the law punishes fraud with property actually obtained exceeding $50,000 as a first-degree felony punishable by up to 30 years in prison. If you have been charged with this crime, it is essential that you speak to a Miami organized fraud criminal defense attorney as early in the case as you can.

If you or someone you love has been charged with taking part in an organized scheme to defraud — online or offline — don’t wait before speaking with an experienced Fort Lauderdale wire fraud criminal defense lawyer. For a free, confidential consultation, call South Florida wire fraud criminal defense attorney Menachem M. Mayberg. Seven days a week and 24 hours a day, you can reach us online or call us at (305) 695-8750.

For further reading, see Florida Statues 817.034 Florida Communications Fraud Act.