Akron Fraud Lawyer

Accused of Fraud in Ohio? Act Quickly to Defend Yourself

Fraud is a serious offense in Ohio that encompasses a variety of deceitful practices aimed at securing unfair or unlawful gain. If you are facing fraud charges in Akron, it's crucial to understand the potential consequences and legal intricacies involved. Fraud can include actions like credit card fraud, insurance fraud, identity theft, and more. Each of these crimes carries significant penalties, including fines, restitution, and imprisonment.

In Akron, as in the rest of Ohio, fraud is treated as a felony or a misdemeanor depending on the specifics and magnitude of the act, as well as the amount of money involved. Navigating the complexities of local and state fraud statutes can be daunting, which is why having a knowledgeable fraud lawyer in Akron is essential for mounting a strong defense. At VanHo Law, we draw on extensive legal experience to craft defenses tailored to the charges against you.

Your reputation, career, and freedom are too important to risk. Reach out to a trusted Akron fraud lawyer now. Call (330) 681-1120 or connect with us online to schedule a consultation and get the defense you deserve.

What Is Fraud Under Ohio Law?

Fraud generally refers to intentionally deceiving another party to gain a benefit, typically financial. Under Ohio law, fraud can take many forms, and each has unique legal elements the prosecution must prove.

Common types of fraud include identity theft, credit card fraud, mortgage fraud, healthcare fraud, insurance fraud, bank fraud, mail and wire fraud, tax fraud, and securities fraud.

Each category carries its own set of penalties and potential defenses. A skilled Akron fraud lawyer thoroughly evaluates the specific circumstances of each case to develop a tailored legal strategy.

How Fraud Charges Are Classified in Ohio?

Ohio classifies theft-related offenses based on the value of the property or services involved:

• Misdemeanor of the first degree: Value less than $1,000.
• Felony of the fifth degree: Value between $1,000 and $7,500.
• Felony of the fourth degree: Value between $7,500 and $150,000.
• Felony of the third degree or higher: Value greater than $150,000.

What are the Penalties for Fraud Convictions in Ohio?

The consequences for fraud in Ohio vary based on the type and value of the property or services involved. Generally, fraud can be charged as a misdemeanor or a felony, with penalties including:

• Fines: Ranging from hundreds to tens of thousands of dollars.
• Incarceration: Jail time for misdemeanors and lengthy prison sentences for felonies.
• Restitution: Courts often require defendants to pay victims for financial losses.
• Probation: Even if incarceration is avoided, strict probation conditions may apply.
• Permanent criminal record: A fraud conviction can impact future employment, housing, and professional licensing.

Several circumstances can increase the severity of fraud charges and resulting penalties, including targeting elderly or disabled individuals, operating as part of an organized scheme, committing fraud across state lines (potentially triggering federal prosecution), and having prior fraud-related convictions.

When the financial loss exceeds certain thresholds—typically $7,500 or $150,000—the offense can escalate to higher felony levels. An experienced Akron fraud attorney works diligently to fight the charges or reduce the severity of the consequences.