Fraud Check Law Details of Oklahoma
In Oklahoma, the state of the economy has been worse than for some time, and some people often try to draw checks from a debt-covered account with insufficient money, in the hope that the money will be on the account when the check is cleared.
It's important to remember that writing checks this way is against Oklahoma law, although this is common practice; people liable for bounce checks can end up being charged with criminal offences. Three key things in the field of control fraud in Oklahoma are discussed below. Learn here and talk to a criminal lawyer without delay.
What is the prevention of fraud?
"Bogus checks" or "hot checks" mean checks written without enough money to cover the amount due. This form of check was signed by the Oklahoma District Attorney's office since there is no money available to pay for the product or service. As a consequence, write checks in Oklahoma that realize that you do not have the funds or write a check when your account is locked.
These criminal crimes are based on the view that checks in exchange for goods or services represent a transaction; a person writes a check with the intention of clearing a check. Therefore, if a person makes a check knowing it is unclear, the state law of Oklahoma considers that to try and defraud a distributor or service provider.
The need for knowledge
Fraud is a deliberate effort to mislead someone else. Writing a hot check, forging a check or passing an inspection knowing that there are not enough funds, are all acts of deliberate fraud. However, bounced checks are often not deliberate acts. Individuals do not often realize that the accounts have been overdrawn until they are notified of a non-payment check return.
It is important to understand that even if a person lacks the intent, the Oklahoma District Attorney's Office still sees it as a crime. Instead, account holders should keep track of whether their accounts have adequate funds. Know more from a criminal lawyer by hiring one.
As several other fraud activities in Oklahoma, the amount of money involved impacts penalties associated with bad checks. Back checks for less than $500 are known as a felony and punishable for a term of up to one year in prison and fines of up to $ 1,000.
Poor checks written for between $500 and $1,000 are penalized with a fine of $5,000, as well as prison and restitution for up to one year. Bad checks written for $1,000 or more are known as felonies and can be punished in jails for up to one decade.
Speak to the criminal defense lawyer of Oklahoma
If you or a dear individual in Oklahoma is accused of check fraud, you should talk to an expert criminal lawyer. Contact lawyer from Foshhe and Yaffee Attorneys at Law today to arrange a free case review.