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Assertive Representation In State & Federal Court

Wire fraud may result in serious penalties in Ohio

There are many forms of fraud, but one of the most common forms is wire fraud. Wire fraud generally involves a defrauding scheme over the phone, internet, or other form of electronic communications.

According to Ohio Rev. Code 2913.05, wire fraud is a white collar crime involves defrauding another party out of money or property via interstate wire telecommunications. Generally, a prosecutor will have to prove that the defendant had the intent to defraud and that it was reasonably foreseeable that the defendant would use wire communications.

A typical wire fraud scheme may involve a perpetrator obtaining someone else’s financial information to obtain or misuse credit cards or transfer money from a bank account. Scammers also send out spam e-mails in an attempt to obtain someone’s personal information and wrongfully use it for financial gain.

In many cases, telecommunications fraud in Ohio is a fifth-degree felony, but a defendant may be charged with up to a first-degree felony depending on the value of the benefit obtained by the perpetrator. For example if the value of the benefit is between $150,000 and $1 million, the alleged perpetrator may be charged with a second degree felony.

A wire fraud conviction can result in up to $250,000 in fines for individuals and up to 20 years in prison, depending on the severity of the crime. If you have been charged with wire fraud, a criminal defense attorney specializing in white collar crime can give you the best chance at having your sentence reduced or your charges dropped entirely.