Credit card fraud is a major issue across the country for both individuals and businesses. This type of crime can result in significant financial problems, so the offense is taken seriously and is punishable by severe penalties in New Jersey. If you are facing criminal charges for credit card fraud, one of the best ways to prepare yourself and understand the possible outcomes of your case is to familiarize yourself with the consequences of a conviction. To learn more and secure skilled legal counsel, reach out to a Bergen County criminal defense lawyer at the Law Office of Boyd & Squitieri to set up your free consultation today.
What is Credit Card Fraud?
Credit card fraud is the illegal or unauthorized use of someone else’s credit card to make purchases without permission. It also extends to any fraudulent activity involving credit cards or credit card information.
In New Jersey, credit card fraud includes a variety of offenses that are outlined in NJ Revised Statutes § 2C:21-6. Some of these crimes are as follows.
- Stealing a credit card
- Possessing or using a stolen credit card
- Selling or buying a credit card from anyone who is not the issuer
- Making false statements to obtain a credit card
- Creating or using a fake credit card with the intent to defraud the issuer or another individual or entity
What Are the Consequences of Credit Card Fraud in NJ?
In New Jersey, legislation does not recognize the terms “misdemeanor” and “felony,” as they are described in other states. Instead, “disorderly persons offense” and “indictable crime” are used, and have comparable definitions.
Credit card fraud is generally charged as either a third or fourth-degree crime. However, depending on the value of goods involved and the details of the offense, charges can be enhanced to second-degree. The penalties for each level of offense are as follows.
- Second-degree: 5 to 10 years in prison and fines of up to $150,000
- Third-degree: 3 to 5 years in prison and fines of up to $15,000
- Fourth-degree: Up to 18 months in prison and fines of up to $10,000
Any of these offenses can also be penalized with additional consequences like community service, restitution, probation, and more. Restitution refers to money paid to the victim for financial losses.
Credit card fraud is a serious crime and can be met with stringent penalties. If you are facing criminal charges for this offense, it is crucial that you seek the help of an experienced criminal defense attorney who can help guide you through the legal process and build a strong case in your defense. Reach out to a knowledgeable defense lawyer for skilled counsel today.