Fraud / Financial Crime Lawyer

Comprehensive Fraud And Financial Crime Legal Services

If you are facing fraud or financial crime charges in Toronto, you need an experienced fraud lawyer to protect your rights and interests. Fraud and financial crimes are serious offences that can severely affect your reputation, career, and freedom.

At Fedorowicz Criminal Law, Richard has over 20 years of experience defending clients accused of fraud and financial crimes. Richard will work tirelessly to provide you with the best possible defence and outcome for your case.

What Is Fraud?

Fraud is a theft crime involving deceiving someone or using false or misleading information to obtain money, property, services, or any other benefit. Fraud can be committed against individuals, businesses, organizations, or the public.

Fraud is defined under section 380 of the Criminal Code of Canada as:

“Every one who, by deceit, falsehood or other fraudulent means, whether or not it is a false pretence within the meaning of this Act, defrauds the public or any person, whether ascertained or not, of any property, money or valuable security or any service.”

Types Of Fraud

Fraud can take many forms and can be committed in various ways. Some common types of fraud include:

Embezzlement

This is when someone who has access to or control over someone else’s money or property steals or misuses it for their own benefit. For example, an employee who takes money from their employer’s account without authorization.

Tax Fraud

Tax fraud occurs when someone deliberately falsifies or omits information on their tax returns or other documents to evade paying taxes or claim refunds or credits they are not entitled to. For example, a taxpayer who underreports their income or inflates their expenses.

Mortgage Fraud

This is when someone provides false or misleading information to obtain a mortgage loan they would not otherwise qualify for. For example, a borrower who lies about their income, assets, employment, or identity.

Insurance Fraud

This is when someone makes false or exaggerated claims for insurance benefits that they are not entitled to. For example, a driver who stages a car accident to collect insurance money.

Internet Fraud

This is when someone uses the internet to commit fraud by sending fraudulent emails, creating fake websites, hacking into accounts, or engaging in online scams. For example, a scammer pretending to be a legitimate business or organization and asks for personal or financial information.

Common Financial Crimes

Financial crimes involve the use of money or financial transactions for illegal purposes. Individuals, groups, corporations, or governments can commit financial crimes.

The Criminal Code of Canada is the main source of criminal law in Canada, and it contains provisions for various offences, including fraud, money laundering, terrorist financing, security fraud, bankruptcy fraud, and counterfeiting. The Criminal Code also sets out the penalties and procedures for these offences.

Some common financial crimes include:

• Money Laundering: Concealing the origin of illegal money through various channels to make it appear legitimate.
• Terrorist Financing: Providing funds or financial services to support terrorist activities or organizations.
• Security Fraud: Deceptive practices in the securities market to manipulate prices, mislead investors, or violate regulations.
• Bankruptcy Fraud: Abusing the bankruptcy system to avoid debt payment or wrongfully obtaining assets.
• Counterfeiting: Producing fake currency, documents, products, or trademarks resembling genuine ones.

The Consequences Of Fraud And Financial Crimes In Toronto

Fraud and financial crimes are serious offences that can severely affect your reputation, career, and freedom. If you are facing fraud or financial crime charges, you should immediately hire a fraud / financial crime lawyer in Toronto to fight these charges.

Otherwise, if you are convicted of fraud or financial crime in Toronto, you may face the following:

Criminal Record

A criminal record can affect your ability to travel, work, volunteer, or obtain licenses or permits. A criminal record can also limit your access to certain programs or benefits. A criminal record can be permanent or temporary, depending on the type and severity of the offence.

Fines

Fines are monetary penalties that the court imposes as part of your sentence. Fines can vary depending on the type and severity of the offence, the amount of money involved, and your ability to pay. Fines can range from a few hundred dollars to millions of dollars.

Restitution

Restitution is a form of compensation you may be ordered to pay the victim or the government as part of your sentence. Restitution can cover the loss or damage caused by your offence, such as the value of the property, money, or services you obtained by fraud or financial crime.

Probation

Probation is a period of supervision you may be ordered to serve in the community as part of your sentence. Probation can last from a few months to several years. Probation can include various conditions, such as reporting to a probation officer, attending counselling or treatment programs, performing community service, or staying away from certain places or people.

Jail

Jail is a form of incarceration that you may be ordered to serve in a correctional facility as part of your sentence. Jail can last from a few days to several years. Jail can include various programs and services designed to rehabilitate and prepare you for reintegration into society.

How Can Fedorowicz Law Help You?

At Fedorowicz Criminal Law, Richard 20 years of experience defending clients accused of fraud and financial crimes. He can help you by:

• Reviewing your case and explaining your charges and options
• Advising you on your rights and obligations
• Representing you at every stage of the legal process
• Negotiating with the Crown prosecutor on your behalf
• Challenging the Crown’s evidence and raising any possible defences
• Seeking the best possible outcome for your case

Richard understands that fraud and financial crime charges can seriously affect your reputation, career, and freedom. He will work tirelessly to provide you with the best possible defence and outcome for your case.