Wire Fraud Attorneys in Michigan
Conveniently Located in Royal Oak
Most wire fraud charges are pursued under the federal government; however, the state can press charges as well. Wire fraud involves the use of the telephone, cell phone, Internet, fax, e-mail, or any other form of electronic communication in order to commit fraud. It is a serious crime, and if you are convicted, you will be charged with a felony.
Whether it is the state or the federal government that is pressing charges depends on many factors, including the value of loss caused by the fraud, the amount of evidence the prosecutor has, and other circumstances.
Something to keep in mind is that the electronic communication does not need to be an important aspect to the fraud. If you simply mention your fraudulent plan on the telephone, you could face prosecution. Also, you do not need to be the person who initiates the electronic communication in order to be accused of wire fraud. For example, if you do something that causes another person to wire you money, that will be enough to charge you with wire fraud.
Penalties Associated with Wire Fraud
If you are convicted of wire fraud, you could be facing a 20-year felony, 3 years of supervised release, and a fine of up to $250,000 or twice the amount of loss caused by your fraud, whichever is greater.
Just like other fraud cases, each individual fraudulent act can be a separate charge against you. It is for this reason that you should consult with an experienced wire fraud attorney in Michigan immediately.