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Oklahoma Fraud Attorneys and Charges

Many times, when people execute some sort of business deal, at least one of the parties will feel as though something is amiss. While this is often an unfounded belief, the unfortunate reality is that this type of conduct is seen by many as rampant in today’s society. As much as people will perform due diligence in furtherance of an agreement, there are those who still feel as though they haven’t been dealt with fairly.

This is a basic situation that describes what could give rise to a charge of fraud. Fraud is one of those laws that can relate to a plethora of situations, and the Oklahoma statutes are laid out specifically in order to deal with several of these particular situations. As is the case with almost every body of law, the punishments associated with fraud in Oklahoma are quite severe in certain circumstances.

If you or someone you love is facing prosecution for fraud in Oklahoma, you need to contact Privett Law as soon as possible to schedule an initial consultation and to begin the process of building a strong defense as is your right under the Constitution. In the meantime, below are a few examples of fraud and the punishments associated with each in Oklahoma.

Definition of Fraud in Oklahoma

Fraud includes any statement [or act] that is intended to deceive another party in order to influence [him/her] to enter into the contract. In addition, the party must have relied on the fraudulent statement [or act] in entering into the contract.

Fraud consists of:

  • A suggestion, as a fact, of something that is not true, when the person making the suggestion does not believe it to be the truth; or
  • A positive statement of something that is not true, when the person making it had no reasonable basis for the statement; or
  • A person's concealing something that [he/she] knows is the truth; or
  • A promise made without any intention of performing it; or
  • A person's remaining silent when [he/she] had a duty to speak. [Plaintiff] had a duty to tell [Defendant] about [the information that was not disclosed] because [give the specific reason for this duty of disclosure]; or
  • Any other statement [or act] intended to deceive.

As you see, fraud can arise in several situations, as the elements above are not all-inclusive. Regardless, if you are convicted of fraud in Oklahoma, you could face significant punishment for your crime.

The penalties for fraud in Oklahoma are generally defined by the amount of money or property that’s taken as a result of the initial act. Basically, if a defendant is found to have defrauded the victim of $500 or less, he or she will be convicted of a misdemeanor and will face up to one year in jail. If the amount is greater than $1,000, the conviction would be considered a felony and the defendant could face five years in prison. There are also certain situations in which the defendant could be forced to pay restitution.

Types of Fraud in Oklahoma

As stated above, Oklahoma defines several different types of fraud in the state statutes, and each type carries a different set of elements to reach a conviction and different penalties that depend on the amounts involved. Below are just ten examples of these types of fraud:

  • Fraud involving real property loans
  • Defrauding hotels
  • Deceptive advertising
  • Fraud at an auction
  • Falsifying the pedigree of animals
  • Check fraud
  • Identity theft
  • Insurance fraud
  • Credit card fraud
  • Bank fraud

These are just a few examples of specific fraud statutes that have been written and passed in Oklahoma. Any of these offenses can either be classified as misdemeanors or felonies, and the controlling factor is the amount of money or property that’s taken and/or the amount of damage done to the victim.

Oklahoma Fraud Defense

Fraud is a serious crime, and the scope of conduct that could be considered fraud in Oklahoma continues to grow. If you or someone you love is facing fraud charges, you need to act immediately to begin the process of building your defense. Contact Privett Law today to schedule an initial consultation and to get this Constitutionally-guaranteed process started.