Ask Experts Questions for FREE Help !
Ask
    cbald's Avatar
    cbald Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 22, 2012, 01:21 PM
    Fraud charges
    I was charged with fraud. As I did cash advances at work when people paid with cash and instead of going to the bank myself to get cah for me I took the cash but paid their account by debit or mc how much trouble am I in?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
     
    #2

    Aug 22, 2012, 03:32 PM
    Lets say you are going to need a lawyer... and they will explain it better depending on the charges filed.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Aug 22, 2012, 04:18 PM
    Yes, you are in serious trouble, don't say a word, don't confess to anything and get an attorney

    This could be in the 1000's of dollars

    Also don't you realise how much money the store lost each time you did that ?

    If you did lets say 500 dollars they have to pay the credit card company a process fee. Of from 1.5 to 3 percent. So they may have loss at least 15 dollars on every 500 you did, plus batch fee plus other fees when they get paid from the atm card or credit card.

    Also it takes the company 3 to 4 days to get the money from a credit card machine so they loss use of that money for many days. (loss of interest)

    Depending on how much money there was done this way, and how many days this was done, you could end up owing them a lot of money besides fines.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Withdrawn fraud charges? [ 2 Answers ]

I had fraud and shoplifting charges dismissed. I have applied for part-time work through an Agency and they want me to get a security check which includes a Criminal Records check. What will they find? Also, will I have any problems travelling outside of Canada.

Fraud charges [ 3 Answers ]

There was a contractor that took money from 26 people in my area and never did ANY work (only reason why cops decided it's fraud and charged him). Prosecutor wasn't interested but after we all got together and involved local TV and newspaper he agreed to file charges. Problem is that this...

Fraud charges [ 1 Answers ]

If your indited by the fbi for morgtage fraud, How long is the statue of limitations if you don't show up for the charges

Fraud Charges [ 4 Answers ]

Hi, I am being charged with fraud under 5,000 in Alberta Canada. I am innocent and wondering if anyone knows what potential convictions are in place for fraud charges? It is my first offense. Please get back to me its very important. Three personal cheques were cashed in my name, 800.00 each....


View more questions Search