5 Common Types of Fraud in Texas
1). Mail Fraud
Mail fraud is defined as any form of criminal activity that is committed through the use of any private or commercial mail carrier. This could include the US Postal Service, FedEx, or other another carrier.
Examples of Mail Fraud Include:
- Mail Illegitimate Sender
- Fraudulent Sweepstakes
- Any other form of deceit or dishonesty that is committed to deprive another individual of his/her property.
2). Healthcare Fraud
Healthcare fraud is a common crime in the United States. Healthcare fraud encompasses a broad range of criminal offenses that can apply to patients and/or medical professionals. Cases of healthcare fraud are investigated by top agencies in the federal government and at the state level as well.
Examples of Healthcare Fraud Include:
- Doctor Shopping
- Fraudulent Billing Practices
- Impersonating a Healthcare Professional
3.) Tax Fraud
Phishing scams are digital crimes that are committed through the utilization of email. Phishing schemes generally involve the misrepresentation of a legitimate organization. For example, a scammer poses as PayPal to secure an individual’s personal information.
5.) Bank Fraud
Bank fraud is one of the most common types of fraud committed in Texas. Bank fraud is defined as the intentional defrauding of a financial institution.
Financial Institutions May Include:
- Federal Banks
- Credit Unions
- Payday Loan Providers
- Credit Card Agencies
- Other Financial Service Providers
Bank fraud can be committed by employees, clients, and/or individuals with no previous association with the institution.
Examples of Bank Fraud:
- A misrepresentation of financial assets is committed to illegally secure credit/financing through a financial institution.
- Misappropriation of funds is committed by a bank employee.
- Intentional funding of illegitimate loan accounts.
Penalties for Fraud in Texas
There are numerous penalties that may occur if you are convicted on fraud charges in Texas. Fraud charges could result in misdemeanor or felony-level criminal charges. There are broad range of potential charges and penalties based on the circumstances involved in your case.
Misdemeanor convictions may result in up to one year behind bars and fines of up to $4000. Felony fraud convictions carry steeper sentencing and more excessive fines. A State felony conviction could result in up two years behind bars and fines of up to $10,000.
The defendant may even face 3rd-degree felony charges in high-value fraud cases. A conviction on these charges could result in up to ten years in state prison.
Fraud is considered a theft crime and may pose numerous personal and professional penalties.
How to Beat Fraud Charges in Texas
There are several strategies that your attorney may utilize to help you beat charges related to any type of criminal fraud.