What Is The Possible Penalty For Fraud Over $5000?
Fraud is a serious criminal offence with potentially severe penalties. A conviction for Fraud typically results in restitution, fines, and jail time. However it is possible to avoid jail time through probation, diversion or withdrawal of charges, depending on the gravity of the case and the circumstances of the offender.
You could face up to 14 years of imprisonment for a conviction of Fraud Over. A minimum sentence of 2 years imprisonment is imposed if the total amount of fraud exceeds 1 million dollars.