What Is The Possible Penalty For Fraud Under $5000?
If convicted of fraud under $5000 in Canada, you could face a maximum penalty of up to 2 years imprisonment if prosecuted as an indictable offence. If the offence is prosecuted summarily, penalties may include shorter jail terms, fines, or probation, depending on the circumstances. Additional consequences could include a criminal record, which may affect employment opportunities and travel. The severity of the penalty often depends on factors such as the nature of the fraud, the amount involved, and whether the accused has a prior criminal record. Consulting with legal counsel is essential to understand your rights and build a defense.