The Criminal Code states that Fraud is committed when a person “by deceit, falsehood or other fraudulent means…defrauds the public or any person, whether ascertained or not, of any property, money or valuable security or any service.” The Criminal Code does not provide any further guidance or definition of Fraud. However, there have been a number of precedent setting cases over the years that have defined what Fraud means in a wide variety of circumstances. Fraud charges are frequently laid in relation to employer theft, unauthorized use of credit cards, and cases involving submission of falsified documents such as work invoices or financial statements.

In some cases, Fraud may occur where the accused was in a position of responsibility or trust in relation to the victim. This is considered a Breach of Trust, and is treated as an aggravating feature of Fraud. Breach of Trust situations commonly involve employees, bookkeepers, store managers, accountants and other situations where there is a preexisting relationship between the accused and the victim.

Fraud is a complicated area of criminal law. Extensive financial experience and a depth of knowledge of this area of the law are required in order to ensure that you raise the best defence against Fraud charges. If you are charged with Fraud, don’t waste any more time. Contact us today.

Consequences of a Fraud Conviction

Under the Criminal Code, a conviction for Fraud carries a maximum possible penalty of up to 14 years imprisonment.

In addition, a Fraud conviction typically results in restitution and/or fines.