Credit card fraud can refer to various illegal activities that concern the use of a credit or debit card. In many cases, credit card fraud may be alleged when someone is believed to have used another person’s credit card information without their consent; it may also be alleged when someone provides false or misleading information about themselves when applying for a credit card.
Being accused of any kind of credit card fraud is a serious matter that should be immediately addressed. If you were arrested for this crime, consult with a criminal defense attorney who has experience handling white collar crimes.
Common Examples of Credit Card Fraud
As previously mentioned, credit card fraud isn’t limited to a single activity. Instead, several offenses may be considered credit card fraud, although their level of severity may vary.
Crimes that fall under the category of credit card fraud include the following:
- Buying or selling someone else's credit or debit card without their permission is considered a Class 4 felony.
- Having in your possession a credit or debit card that has been lost is considered a Class 4 felony.
- Having someone else's credit or debit card without their permission is a Class 4 felony.
- Using someone else's credit or debit card as collateral when borrowing money is a Class 4 felony.
- Providing a false statement to obtain a credit card is a Class 4 felony.
- Using a forged, expired, counterfeited, or unissued credit or debit card is a Class 3 felony when more than $300 worth of property was obtained within six months.
- Using a credit or debit card with the intent to defraud is a Class A misdemeanor if less than $150 worth of property was obtained within six months.
Penalties for Credit Card Fraud in Illinois
Most instances of credit card fraud are Class 4 felonies. Although this is a less severe type of felony, a conviction can result in a prison term of 1-3 or 3-6 years, depending on the offense. A Class 3 felony conviction can result in 2-5 or 5-10 years in prison. Both felony classes can result in a fine of up to $25,000.
Arrested for Credit Card Fraud? We Can Help.
At the Law Office of Steven Fine, we understand how intimidating and overwhelming a credit card fraud charge can be. Our experienced attorneys are here to help you navigate the legal system and fight for your rights. We offer personalized legal guidance based on an in-depth analysis of your case so that you can make informed decisions at every step along the way.
Our team has a deep understanding of the legal complexities surrounding credit card fraud and can provide representation in both state and federal courts. We know that the stakes are high when facing these types of charges, so we work hard to build strong defenses for our clients and strive for the best possible outcome in their cases.
Learn more about how we can help during an initial consultation. Contact the Law Office of Steven Fine today to request one.